Congress requesting funds for D.C. to N.Y.C. high-speed rail
WASHINGTON D.C. — Rep. John L. Mica (R-Fla.) announced that Congress hopes to include plans for development of a high-speed rail system between New York City and Washington D.C. in future infrastructure spending. For the full story, click here.
Hybrid bus co. to create hundreds of jobs
LIVONIA, Mich. — Troy, Mich.-based Fisher Coachworks LLC plans to invest $7 million to develop an ultra-lightweight, hybrid transit bus. The project is expected to generate 540 jobs within five years. For the full story, click here.
Bike commuter benefit details unclear
CHICAGO — The bike commuter benefit, a provision listed in the $700 billion financial bailout plan, allows employees a $20 monthly reimbursement if they bike regularly to work. However, several companies are requesting guidance on how to implement the plan. For the full story, click here.