Metro Magazine

News

Caltrain electrification project receives $20 million

Caltrain

Key benefits associated with electrifying the 51 miles of rail line between San Francisco and San Jose also include a reduction of greenhouse gases, increased frequency and speed of train service, reduced engine noise, and reduced traffic congestion from automobiles along US 101 and interstate 280.

Wabtec to acquire Faiveley Transport

Wabtec to acquire Faiveley Transport

The total purchase price is about $1.8 billion, including assumed debt. Wabtec plans to fund the cash portion of the transaction with cash on hand, existing credit facilities and potentially other debt financing.

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