Category: Industry News

Private partner to finance, build Uinta Basin Railway

May 17, 2019

The Seven County Infrastructure Coalition’s (SCIC) board voted to select Drexel Hamilton Infrastructure Partners LP for a public-private partnership to finance, develop and construct the proposed Uinta Basin Railway in Utah. The Uinta Basin Railway is a new freight-rail line proposed by SCIC to connect the Uinta Basin to the national rail network and make it possible to economically transport… Read more

Rail operator proposes to move Utah heavy oil to U.S. Gulf Coast

May 17, 2019

HOUSTON (Reuters) – Investor Drexel Hamilton Infrastructure Partners LP and rail operator Rio Grande Pacific Corp on Friday disclosed plans to build a $1.5 billion rail line that would transport heavy crude from Utah to connections to the U.S. Gulf Coast. Drexel Hamilton and Rio Grande officials said the project aims to deliver about 400,000… Read more

Video: Rio Grande Pacific and Dell EMC modernize rail traffic

January 22, 2018

Rio Grande Pacific Corporation and Dell EMC work together to keep trains running across North America. Watch the video to learn more about our partnership.

Short-line tax credit bill reintroduced in Congress

February 01, 2017

Feb. 1, 2017 -A bill that would make permanent the short-line track maintenance tax credit known as 45G was introduced this week in the U.S. House of Representatives, the American Short Line and Regional Railroad Association (ASLRRA) announced yesterday. The Building Rail Access for Customers and the Economy (BRACE) Act (H.R. 721) was introduced by… Read more

Star-Telegram: Freight rail backbone of U.S. economy

August 23, 2016

New study quantifies how vital freight rail network is to local, state, national economies. If the North Texas economy were a living organism, our roads, runways, rails and other infrastructure would be the skeleton, with freight rail tracks serving as the backbone that keeps the entire body upright and strong. Freight trains bring in the… Read more