Two U.S. senators last week introduced bipartisan legislation aimed at helping short line railroads and passenger railroads finance capital investment projects.
Republican Senator John Thune (South Dakota) and Democrat Senator Maggie Hassan (New Hampshire) introduced the Railroad Rehabilitation and Financing Innovation Act, which aims to bolster the existing railroad rehabilitation and improvement financing (RRIF) loan program.
The bill seeks to improve the existing program through three...
OmniTRAX is seeking companies that would be interested in developing commercial facilities at six potential sites along the West Virginia branch of the Winchester & Western Railroad (WW).
OmniTRAX, a short line operator and affiliate of The Broe Group, worked with the Berkeley County Development Authority in West Virginia to identify sites that could be developed as rail-served manufacturing, food and beverage processing, and distribution facilities. The six initial sites are part of OmniTRAX’s r...