Rail

President/CEO: M-1 expansion reliant on federal funds

Posted on June 9, 2015

DETROIT — With $100 million of the $140 million needed for the M-1 Rail streetcar project underway in Detroit coming from donors, M1 Rail President/CEO Matt Cullen said any expansion plans would rely heavily on federal dollars, MLive reported.

In the works since 2008, the M-1 Rail was first envisioned as a nine-mile streetcar system stretching from near the Detroit River to 8 Mile Road. But in 2011 that plan was scrapped in favor of the 3.3-mile line, for fiscal reasons.

Cullen said he feels the federal government would be more likely to support the expansion of an existing system than a new one, which was a major reason the first leg is being built relying on donor funds. For the full story, click here.

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

More News

Metra looks to purchase 21 used locomotives

The F59PHIs, which were built by the Electro-Motive Division of GM in 1998 and have been rehabbed within the last five years, have similar parts and operating characteristics to Metra’s existing fleet of EMD F40s, some of which are 35 years old and are in need of overhaul.

Sound Transit taps Siemens traction power tech for light rail expansion

The new project extends Siemens existing technology partnership with Sound Transit, having previously provided the same TPSS and MVSS substation infrastructure on the University Link and South Link lines.

MTA names new president of Metro-North Railroad

Catherine Rinaldi, the sixth president of MTA Metro-North Railroad, has served as acting president since July 2017.

Bombardier to provide 9 more double-deck French trains

The order is valued at approximately $120 million, including price escalations based on best faith assessment of assumptions, and is an option contained in a 2010 contract for a maximum of 860 trains signed with SNCF on behalf of the regions.

FRA makes $73M available for rail capital projects, ops assistance

The grants are expected to leverage private, state, and local investments to boost a wide range of rail projects, including the potential for implementing PTC.

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

Luxury Coach & Transportation

Please sign in or register to .    Close