Government Issues

Feds halt review of $5.5B loan for Vegas-to-Calif. HSR

Posted on July 17, 2013

WASHINGTON, D.C. — Las Vegas Review-Journal reported that the U.S. Department of Transportation stopped its review of a $5.5 billion loan request for Xpress West, a proposed high-speed rail line that would connect Las Vegas and Southern California.

Sen. Jeff Sessions (R-Ala) and Rep. Paul Ryan (R-Wis) have both raised concerns about the project. They told the paper that their staffs were told that “serious issues persist” with the application and that there are “significant uncertainties still surrounding the project.” For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Added enforcement leads to FRA’s highest-ever penalty collection rate

For Fiscal Year 2015, the agency will collect 75% of all civil penalties it issued to railroads for violating federal safety regulations — a 6% increase over FY2014, and the largest percentage rate ever collected by the agency.

NTSB's Most Wanted List focuses on technology

The list calls for promoting both the availability of collision avoidance technology in highway vehicles and the completion of rail safety initiatives to prevent accidents. The list also calls for strengthening occupant protection in all modes of transportation

Milan bans private cars in bid to alleviate smog

Bicyclists had free rein of Milan's streets Monday during a six-hour ban on private cars in a bid to alleviate persistent smog.

FAST Act legislation to spur transportation infrastructure improvements

Authorizes $305 billion in funding for federal surface transportation programs for fiscal year (FY) 2016 through FY 2020 with funding for 2016 at $58.2 billion, which is $3.6 billion or 6.6% above 2015 levels.

Senate votes to make transit benefit receive permanent parity with parking benefit

Additionally, the Alternative Fuel Tax Credit is also renewed for two years (2015-2016) by the Senate.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close