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TRA opposes 22 bills: most would harm high-speed rail

March 3rd, 2019
March 3, 2019 - TRA Newswire - If a small band of rural legislators get their way, Texans will not see a private investor-owned company build a high-speed rail line within your lifetime. Texas Rail Advocates is tracking 22 bills filed in...

3 TX U.S. Reps among 91 concerned about Amtrak's Anderson and his national plans

February 28th, 2019
February 28, 2019 - TRA Newswire - 91 members of Congress have sent a letter to Amtrak President/CEO Richard Anderson concerned about his plans that could alter the national passenger rail network by providing more short-haul trains at the expense of...

Cap Metro inks contractor to build downtown Austin station

February 27th, 2019
February 27, 2019 - ProgressiveRailroading.com - The Capital Metropolitan Transportation Authority’s (Cap Metro) board recently approved a $36.8 million contract with Jay-Reese Contractors Inc. to build a new downtown MetroRail station in Austin, Texas. Construction on the station — which will be...

Call To Action: Contact Your State Representative & Senator and Save High-Speed Trains in Texas

February 26th, 2019
February 26, 2019 - TRA Newswire - If a small band of Texas legislators have their way, a private enterprise wanting to build a bullet-train line between Dallas and Houston could be halted in their tracks this spring, even before federal...

KCS' shift to Precision Scheduled Railroad seen as key to growth

February 26th, 2019
February 26, 2019 - TRA Newswire  - Kansas City Southern's CEO Patrick Ottensmeyer, speaking at the Citi 2019 Industrials Conference, indicated that Precision Scheduled Railroading (PSR) implemented in late 2018 has already helped to increase efficiency throughout its network. KCS's changes in...

BNSF revenue & profits up for 2018: industrial shipments led the way

February 26th, 2019
February 26, 2019 - TRA Newswire / Progressive Railroading - BNSF Railway ended their 2018 fiscal year on an upswing in both revenue and profits . Results of the railroad were posted by parent company Berkshire Hathaway in a report released...

Texas Central selects financial advisers for privately funded high-speed train project

February 21st, 2019
February 21, 2019 - TRA Newswire - Marking a major milestone in support of a first-of-its-kind high-speed train, Texas Central announced today it has engaged Citi and MUFG as financial advisers and to lead its capital-raising activities. Texas Central, which is developing...

Houston's Richmond rail ban removed from federal spending bill signed by Trump

February 20th, 2019
February 15, 2019 - Houston Chronicle - There are no plans to build light rail on Richmond, but for the first time in a long time there is nothing stopping Metro from asking for federal funds to help pay for it. The federal...

BNSF plans $405 million CAPEX program in Texas for 2019

February 20th, 2019
February 20, 2019 - TRA Newswire - BNSF Railway Company (BNSF) today announced that its 2019 capital expenditure and maintenance program in Texas will be approximately $405 million. More than half of this year’s capital plan in the Lone Star State...

BNSF budgets nearly $3.6 billion for capex in 2019

February 15th, 2019
February 14, 2019 - ProgressiveRailroading.com - BNSF Railway Co. will spend $3.57 billion on capital expenditures this year, up from $3.4 billion in 2018, the Class I announced yesterday. This year's plan will continue to emphasize maintenance and expansion of the network "with...

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