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Audit: ARC tunnel costs N.J. $300M

Rail| January 9, 2012
Although the agency's legal tab to fight feds cost $1.2 million, the $297 million lost stems from the engineering and design work, payments to contractors and various other items that were paid for but are now unnecessary with the cancellation of the project.

Pa. bus carrier ordered to cease and desist

Motorcoach| January 6, 2012
Double Happyness Travel Inc. of Huntingdon Valley, Pa. was operating and selling tickets in violation of a previous agency order to shut down.
Bus| January 6, 2012

American Cooling Technology unveils new AC condenser

The high-performance CR-4 roof mount condenser unit, at less than 10 inches tall, increases roof clearance and provides a cleaner, sleeker look to the air conditioning installation.
Accessibility| January 5, 2012

Veolia division acquires Colo. Yellow Cab

Acquisition is comprised of 185 independent contractor drivers and approximately 30 employees. The GM and employees will remain with Veolia Transportation On Demand.
Bus| January 5, 2012

Former N.Y. MTA chief speaks out

Jay H. Walder announced his departure for Hong Kong days after the authority unveiled a capital plan dependent on millions of dollars in still-to-be-approved federal grants. The capital budget is still underfunded by $10 billion.
Rail| January 5, 2012

ENSCO initiates corporate restructuring

To benefit the company's worldwide, rail engineering products and services business, the company formed a wholly owned subsidiary, ENSCO Rail Inc., which is also headquartered in Falls Church, Va.
Motorcoach| January 5, 2012

Coach America granted approval on first day motions

Approved to obtain interim financing authority, to maintain existing cash management systems, and to pay vendors and suppliers in the ordinary course of business.
Rail| January 5, 2012

FTA approves L.A. Metro light rail project

Issued a Record of Decision for the Crenshaw/LAX light rail project based on the agency's final environmental report. The 8.5-mile light rail will run between the Expo Line on Exposition Boulevard and the Metro Green Line.
Rail| January 5, 2012

FRA awards Illinois $186M in high-speed rail funds

Will support a project that will extend construction of the corridor north to Joliet, allowing for 110-mph service along nearly 70% of the route. Once construction is complete, travelers can expect reductions of more than an hour in trip time and improved on-time performance.
Accessibility| January 5, 2012

Public transit riders to see hefty tax boost this year

Congressional inaction on extending commuter benefits leads public transit riders to see taxes increase more than $550 in 2012. APTA is urging riders to push Congress to support commuter transit benefit as they resume negotiations to finalize the middle class payroll tax cut before it expires at the end of February.

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