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Newsby StaffNovember 17, 2008

Amtrak president/CEO resigns

Kummant said that he was proud of what the management team at Amtrak accomplished over the last couple of years and that Amtrak has “a strong operational and financial base to get through the coming turbulent times.”

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Newsby StaffNovember 17, 2008

DCTA selects LAN for A-Train project

Firm will be responsible for program administration, design constructability reviews, project controls, procurement support, public relations/communications, construction management and systems integration.

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Newsby StaffNovember 17, 2008

Bombardier to assemble Siemens train order

Initial firm order is valued at approximately $214 million and covers the procurement and manufacturing activities for the painting, end-assembly and testing of the vehicles, as well as the commissioning to the end-customer, Belgian National Railways.

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Newsby StaffNovember 14, 2008

Washington Metro reaches leaseback deal settlement

Washington Metropolitan Area Transit Authority (Metro) and Belgian bank, KBC Group, reached a settlement, ending a long-term leasing deal after nearly three days of talks in federal court.

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Newsby StaffNovember 13, 2008

DHS announces new rail security standards

Final rule will require freight and passenger rail carriers to designate rail security coordinators and report significant security concerns to the Transportation Security Administration.

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Newsby StaffNovember 13, 2008

NJ Transit launches RSS feeds

Through RSS feeds, media Websites will be able to display up-to-the-minute travel information directly, while customers can add NJ Transit feeds to their personal homepages through RSS providers, such as Google and Yahoo!

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Newsby StaffNovember 12, 2008

METRO Briefs

Vermont transit agencies may merge. Bus driver achieved 3 million miles accident-free. Dallas debating natural gas, diesel choices. Mich. restaurant bus fueled by vegetable oil.

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Newsby StaffNovember 11, 2008

Calif. high-speed rail system forecasts $1B annual revenue surplus

In addition to 160,000 construction jobs over the next two decades, high-speed trains will generate 320,000 permanent jobs by 2030, growing to 450,000 jobs in 2035, according to the new business plan.

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Newsby StaffNovember 10, 2008

AIG, U.S. Treasury, Fed Reserve reach agreements

The actions announced include both ongoing financing facilities and one-time transactions designed to address AIG's liquidity issues.

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Newsby StaffNovember 10, 2008

OCTA ridership numbers continue growth

OCTA bus ridership has been at six million or more since July 2008, with Metrolink ridership well over 370,000 during that same period.

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