California’s federal elected officials celebrating voter approval of Proposition 1A in November said they would pursue federal funding to advance the state’s high speed rail plan. Despite economic turmoil, those vows appear to be intact.
Salt Lake City-based Savage Services Corp. says it has agreed to acquire the assets and the locomotive and rail services business of Quality Rail Services LLC, based in Golden, Colo. Terms were not disclosed.
Overland Park, Kan.-based YRC Worldwide, Inc. said Monday a deadline for a vote on an immediate 10% pay cut and other contract modifications for union workers has been extended by one week, to Jan. 6, 2009.
