The transportation mogul recently announced his company’s partnership with Brightline, a high speed rail network connecting multiple cities throughout the Sunshine State. As Branson’s plans for expansion come into focus, the privately funded train provides insight into what the future of rail transportation may look like.
After a period of aggressive expansion, Genesee & Wyoming has become the country’s largest short line rail operator. Now the company is rolling out a new program that it hopes will maximize its returns from these expansions and create an entrepreneurial spirit amongst the managers of all its lines.
An ongoing oil boom in the American Southwest has been good news for the economy, the job market, and for the US rail industry.
Rail holding company Watco Transportation had a banner year in 2018, and with last month’s unveiling of a brand-new short line in Ithaca, New York, they’re showing no signs of slowing down.
Intimidated by freezing temperatures, tourists have long avoided Alaska during the winter months. Now, thanks to stronger efforts to court tourism, beautiful sights like aurora borealis, and the hard work of the state’s rail industry, all that is beginning to change.