Though the year is still young, it’s already looking extremely promising for freight rail operators. Here are the primary factors contributing to the sector’s success in 2019, and how major industry players plan to capitalize in the coming months.
Richard Branson Invests in High Speed Rail to Florida
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.
Country’s Largest Short Line Railroad Operator Has Big Plans in Store for 2019
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.
Rail Industry Surging Thanks to Boom Times for Texas and New Mexico Oil Companies
An ongoing oil boom in the American Southwest has been good news for the economy, the job market, and for the US rail industry.
Short Line Operator Watco Caps Off Successful 2018 with First Short Line Railroad in New York
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.