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Siemens, Alstom agree to merger terms

(Source: Railway Age, March 27, 2018) NEW YORK — The merger of Siemens’ mobility business and Alstom reached a milestone on March 23 with the signing of a Business Combination Agreement (BCA) setting out terms and conditions agreed to by the two companies. Full story:...

Northern Lights Express moving on to next phase

(Source: Duluth News Tribune, March 26, 2018) DULUTH, Minn. — The proposed Northern Lights Express passenger line between Duluth and Minneapolis has moved into the next phase of design and construction — and securing the hundreds of millions of dollars needed to make...