P&H Expanding CN-Served Grain Elevator in Western Canada

P&H reported that it is doubling the number of railcar spots from 50 to 100. Construction is beginning this month and is slated to wrap up in November.
Canada

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PSR Point/Counterpoint: Fortune

USA
Editor’s Note: Precision Scheduled Railroading (PSR) continues to be, in a word, controversial.

Two investors to take 30% stake in Porterbrook

UK
An agreement has been signed for UK investment fund Dalmore Capital and Israeli energy and infrastructure fund Generation Capital to acquire the 30% shareholding in rolling stock leasing company Porterbrook that is currently held by The Infrastructure Fund, Utilities Trust of Australia and the NatWest pension fund.

Calgary – Banff passenger train project enters development phase

Canada
A detailed memorandum of understanding to accelerate the development of a proposed 150 km passenger line linking Calgary Airport with Banff National Park has been signed by Alberta’s Ministry of Transportation, Invest Alberta and Canada Infrastructure Bank.

Higher revenues propel Union Pacific’s Q2 profit by 59%

USA
Union Pacific’s net profit for the second quarter of 2021 rose by 59% from a year ago to $1.8 billion amid a 30% increase in operating revenue.

SNCF adds seven more routes to Train + Air scheme

Europe
SEVEN additional routes are now available to be booked via French National Railways’ (SNCF) Train + Air scheme under which a connecting TGV can be reserved at the same time as an Air France ticket.

All-Party Parliamentary Group study shows support for through travel on heritage railways

Railway Preservation
Environmentally speaking, rail is the optimum way to travel to parks such as Snowdonia, the Yorkshire Dales or areas of outstanding natural beauty like the Quantock Hills or the North Norfolk Coast.

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