Higher Speeds From New Bridges Thanks to Federal $

Funds for major Norwalk River and Connecticut River projects on Metro-North and Amtrak

Higher Speeds From New Bridges Thanks to Federal $

27, October-Washington DC–Two major bridge replacements in Connecticut will get USDOT ‘State of Good Repair’ grants, announced Transportation Secretary Elaine Chao, replacing the Norwalk (“walk”) bridge on Metro-North and the Connecticut River bridge on Amtrak between Old Saybrook and Old Lyme.  Both movable bridges are long-time priorities, prone to malfunction and their replacement will mean […]

NECR: Phelps-Dodge Norwich CT Plant To Close

Copper Rod Plant to Close, Taking 117 Manufacturing Jobs and ~2000 Carloads Out of the Connecticut Economy.

NECR: Phelps-Dodge Norwich CT Plant To Close

18 June, Norwich CT – Norwich, CT-based Freeport-McMoRan Copper Products, commonly also referred to by its former ownership, Phelps Dodge, will close its Wawecus Street plant. According to the required notice filed with the CT Department of Labor. The reason for the plant’s closing is a “dramatic downturn in business and economic uncertainty brought on by the […]

CTDOT: New Commuter Car Procurement Underway

New Cars will Meet Expanding Demand with Improved Experience, Strategic Concept, State Funds. Siemens Favored for Supply.

CTDOT: New Commuter Car Procurement Underway

12 June, Hartford CT – Interview with CDOT’s Richard Jankovich, Assistant Rail Administrator, by R&P Associate Editor Christopher Parker Stamford CT R&P: How Is The Hartford Line doing? RJ: Ridership on the Hartford line (separate from the Vermonter) went from 465,000 for 2018 to 730,000 in 2019 – an incredible increase. We’re very proud of it. […]

P&W: New Haven Safety-Kleen Site To Be Built Around Rail

Expansive Safety-Kleen Site Upgrade to Install Rail as Primary Mode for Shipping Out Waste Oil for Refining.

P&W: New Haven Safety-Kleen Site To Be Built Around Rail

22 October, New Haven CT – Safety-Kleen (a subsidiary of Clean Harbors, Inc) will completely rebuild and expand its current New Haven waste oil collection and transfer site to handle much higher volumes. The facility currently depends on trucks and barges to ship 3.3 million gallons of used motor oil annually to the company’s re-refineries. The […]

GWI/Brookfield: Limbo Or Purgatory?

Brookfield/GWI Exemption Still Uncertain as BIP’s Belated “CFIUS Update” Filings Reveal that Foreign Investment Review has Only Just Begun. STB Keeps the Reins as 09/15 “Deadline” Passes Without a Decision.

GWI/Brookfield: Limbo Or Purgatory?

27 September, Darien CT – The Brookfield Infrastructure Partners (BIP) acquisition of Genesee & Wyoming, Inc. continues to hang on STB approval of the exemption claimed in BIP’s 09.July Verified Notice of Exemption (“VNE”), and which the Board delayed in a 22.July Decision to allow for public comment. The submission deadline for comments and replies officially […]

SNE: Titanic Of The Rails?

Southern New England Railroad Enters the World with a Great-Looking ALCO, a Clever Niche, an Eager Attitude, and an Ominous Historical Allusion.

07 August, Plainfield CT –  The newly-minted Southern New England Railroad borrows liberally from the ill-starred, pre-World War I Southern New England Railway , a Grand Trunk project to compete with the New Haven Railroad between Palmer MA and Providence. Everybody seemed to think it was a good idea, except J. Pierpont Morgan, the New Haven’s benefactor, and one […]

G&W: Last Look At The Books

With the Brookfield Asset Partners $8.4 Billion Takeover Imminent, GWI Issues 10-Q for 2019 Second Quarter; Possibly the Last Public Disclosure of Financial and Operational Information for its Many Short Lines.

G&W: Last Look At The Books

Editor’s Note: All comparisons herein reflect results of the three months ended June 30, 2019 (2Q19) against the three months ended June 30, 2018 (2Q18):  07 August, Darien CT – G&W reported a global 8.7% operating income decline $8.9M/8.6% to $94.2 million in 2Q19, thanks to declines in its Australian and European operations. Net income rose […]

G&W: SOLD! To Brookfield, G.I.C. For $8.4 Billion

An Agreement for G&W to be Taken Private by Brookfield Infrastructure Partners and Singapore Sovereign Wealth Fund GIC Ends Global Heavyweight "Auction" Playing Since March.

G&W: SOLD! To Brookfield, G.I.C. For $8.4 Billion

01 July, Darien CT – G&W owns or leases 120 freight railroads organized in eight operating regions. The company’s six North American regions include 114 regionals and short lines operating in 41 states and four Canadian provinces. The Australia Region includes the 1,400-mile Tarcoola – Darwin rail line, and the UK/Europe Region includes the United Kingdom’s […]