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Rail Industry News

Virgin Trains USA scuttles IPO

(Source: Railway Age, February 13, 2019) NEW YORK — Miami-based Virgin Trains USA LLC, previously known as Brightline before it rebranded itself following a 2018 partnership forged with Virgin Enterprises Ltd. and founder Richard Branson, has canceled issuing the IPO...

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BNSF announces plan for 2019 capital investments

(Source: BNSF press release, February 13, 2019) FORT WORTH, Texas — BNSF Railway Company (BNSF) today announced its 2019 capital investment plan of $3.57 billion. The emphasis of this year’s capital plan continues to be on maintaining and expanding its network with an...

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