NEW YORK — Federal funds are being invested to improve rail traffic, particularly in busy hubs like Chicago. Improving freight traffic will trickle down to commuter rail, sources tell the New York Times. To read the full story, click here.
The Exposition Line Light Rail in Los Angeles received the California Transportation Foundation's Overall Project of the Year award.
The $99 million streetcar opened in December 2014 amid sky-high expectations, but ridership failed to meet expectations in its first year and plummeted nearly 60% after the city began charging $1 to ride.
The total project cost included in the new plan remains at $8.165 billion for capital costs exclusive of finance charges, with full revenue service scheduled for December 2025.
The contract is worth approximately $68.3 million. The line is expected to start revenue service by the end of 2019.
The company will commit meaningful business and engineering resources and work closely with each of the winning teams/routes to determine their commercial viability.
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