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See: LINK
I first saw this insignia in early 1975 when I was right out of basic training and assigned to the 1st Railway Detachment at Fort Eustis. My unit, however, didn't wear this insignia. Instead, we wore the TRADOC (Training & Doctrine Command) DUI seen here: Link Our shoulder patch was the diamond-shaped TC school insignia. I would have preferred to wear the TC&S insignia because it had railroad tracks on it. Unfortunately nothing we wore gave any hint that we were members of a railway unit.
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Thanks to Greg for sending photo and question and for working on our Facebook page visit it and 'like' it today. https://www.facebook.com/militaryrailwayservice/