rail terminal

Texas court sides with Union Pacific over 1872 jobs pact with town

A Texas appeals court recently declared an 1872 jobs agreement between Palestine, Texas, and Union Pacific to be unenforceable.

The ruling moves Union Pacific (NYSE: UNP) a step closer to its goal of closing a rail car shop in the east Texas town of 18,000.

The 12th Court of Appeals in Tyler, Texas, issued the ruling on Feb. 22, finding that the agreement requiring Union Pacific to maintain a set number of jobs in Palestine — a pact that was signed in 1872 and updated in 1954 — places restraints...

https://www.freightwaves.com/news/texas-court-sides-with-union-pacific-over-1872-jobs-pact-with-town

Autonomous battery-electric rail company closes series A funding round

Parallel Systems closed a series A funding round with $49 million.

Autonomous battery-electric rail vehicles company Parallel Systems has raised $49.55 million in series A funding.

The Culver City, California-based company was founded by three former SpaceX engineers who worked together to “reimagine the railroad system,” the Wednesday release said.

The funding round was led by Anthos Capital. Congruent Ventures, Riot Ventures, Embark Ventures and others also invested.

Parallel’s autonomous...

https://www.freightwaves.com/news/autonomous-battery-electric-rail-company-closes-series-a-funding-round

Alpenglow and CC&L Infrastructure acquire Texas rail terminal

Denver-based terminal operator Alpenglow Rail has partnered with infrastructure investment firm Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) to acquire Orange Rail, a newly constructed rail terminal in Orange, Texas. 

The terminal has access to Union Pacific (NYSE: UNP) and BNSF (NYSE: BRK.B), and it serves a “diverse base of blue-chip rail customers,” according to Alpenglow. The facility consists of a loop track that can handle 120-car unit trains, and it has approximately 600...

https://www.freightwaves.com/news/alpenglow-and-ccl-infrastructure-acquire-texas-rail-terminal

Texas terminal for refining and chemical shippers opens for business

A photograph of tank cars parked in a rail yard.

Alpenglow Rail subsidiary USA Rail has a new railcar storage, switching and transloading logistic park near Port Arthur, Texas. The facility has received its first railcars and is open for business.

Alpenglow Rail seeks to target refining and chemical shippers operating in the Port Arthur area. The facility recently completed the first phase of its development, which includes the construction of over 30,000 feet of track. 

The terminal will provide customers needing or seeking access to Kansas...

https://s29755.pcdn.co/news/texas-terminal-for-refining-and-chemical-shippers-opens-for-business

Barcelona Port to construct new rail terminal

The European Commission has decided to allocate 11.8 million Euro to the construction of the new multimodal rail terminal of the Port of Barcelona, ​​which will allow the transport of goods between Barcelona and Paris. The commission has also recommended the allocation of 13.7 million Euro for the construction of the French terminal, located near Paris.

The EU will allocate a total of 25.5 million to this project, which aims to put an end to the cross-border bottleneck in the transport of goods...

https://container-news.com/port-barcelona-construct-rail-terminal/

Port of Moerdijk to handle 740-meter length trains

The rail terminal of the Dutch Port of Moerdijk will be prepared for 740-meter length trains. In addition, a new switch connection will be established. The Dutch government has made available 7 million Euros for the upgrade works, which will help to alleviate the congested terminal.

Due to an increase in rail freight transport to and from Moerdijk, particularly through container transport, the current yard offers too little capacity for carrying out various processes, such as loading and...

http://container-news.com/port-moerdijk-handle-trains/