Caltrain, Calif. HSRA strike financing deal for electrification

SAN FRANCISCO — CBS SF Bay Area reported that Caltrain and the California High-Speed Rail Authority (CHSRA) reached a financing agreement that will clarify the timeline for commuter train electrification between San Francisco and San Jose.

The CHSRA board of directors approved a Memorandum of Understanding with the Peninsula Corridor Joint Powers Board to enhance the rail tracks by adding safety features and preparing the route to accommodate future high-speed rail service. For the full story, click here.