Rail

Calif. HSRA seeks $8.6B in state bonds

Posted on March 27, 2013

SACRAMENTO, Calif. — The AP reported that the California High-Speed Rail Authority voted to issue approximately $8.6 billion in taxpayer-approved bonds to build the rail line.

Officials are on track to sell $3.7 billion of the bonds — $2.6 billion for high-speed rail and $1.1 billion for improving existing commuter rail systems across the state. Half of the bond money would go to the first segment of the line.

The project still needs to weather lawsuits with court hearings pending in the next couple of months. The rulings in those lawsuits could stall the bond money. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Hyperloop One announces 10 winners of 'Global Challenge'

The company will commit meaningful business and engineering resources and work closely with each of the winning teams/routes to determine their commercial viability.

Council chair recommends rejecting all light rail bids for Metro's Southwest project

The bids were opened last month and represent the bulk of the construction work involved in building the tracks, road, bridges, trails, tunnels, stations, and other facilities needed for the 14.5-mile light rail line.

Amtrak campaign touts benefits of train over air, car travel

The marketing campaign, "Break the Travel Quo," showcases clever videos that depict some of the most prevalent pain points of modern day travel.

Metra on-time performance hits 96% in August

In August, 731 of 18,296 trains were tardy by six minutes or more. The most common causes for delays were related to signal/switch failure, increased passenger loadings, and track construction.

QLINE aims to popularize streetcars in Detroit

The $144 million QLINE, built as a local catalyst project, began rolling May 12, 2017 on a 3.3-mile segment of Woodward Avenue.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close