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Newsby StaffJuly 25, 2011

Alstom, Bombardier, Areva consortium extended in Paris

This new tranche is worth more than $431 million. Financing for this tranche will be split 50/50 between STIF (Syndicat des transports d'Ile-de-France) and the RATP.

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Newsby StaffJuly 25, 2011

Chinese high-speed rail crash kills 35

Recently, power outages and other malfunctions have plagued the showcase high-speed line between Beijing and Shanghai since it opened on June 30.

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Newsby StaffJuly 22, 2011

N.Y. MTA Chairman/CEO announces resignation

Jay H. Walder will be joining the MTR Corp. in Hong Kong as CEO and a member of the board of directors.

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Newsby StaffJuly 22, 2011

Bombardier to equip Florida’s SunRail project

The Florida Department of Transportation ordered 14 BiLevel railcars. The contract is valued at approximately $41 million. Deliveries are planned between May and August 2013.

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Newsby StaffJuly 22, 2011

Feds grant $24.3M to Pa. train speed work

The Keystone corridor operates between New York, Philadelphia and Harrisburg, Pa., and is Amtrak's fourth most heavily traveled route. Since train speeds along the route were increased to 110 mph in 2006, ridership has grown by more than 37 percent to 1,227,075 passengers in 2010.

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Newsby StaffJuly 21, 2011

S.F. Muni selects new leader

Ed Reiskin, the city's public works director since 2008, has no transportation agency experience, but has a reputation as a top-notch manager.

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Newsby StaffJuly 21, 2011

N.Y. MTA to cut $4B in capital program costs

The savings measures are detailed in a new report, include slashing administrative costs by 15 percent, and overhauling project approval and track work procedures.

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Newsby StaffJuly 21, 2011

Portland's TriMet to fine first-time fare evaders

In response to concerns about whether the agency was collecting all of its fare revenue, TriMet is increasing the number of staff dedicated to fare enforcement. It will also shift from a warning and education focus to issuing citations and exclusions if riders are found without a valid fare. The base fine for not having a valid fare is $175; exclusions from the system can extend up to 90 days.

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Newsby StaffJuly 21, 2011

Fewer funds cut for Minn. in revised transportation bill

The state Republican House and Senate agreed to provide $78 million for regional transit in the next two years, about halfway between the $129 million approved for the previous two years and the $20 million they originally approved.

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Newsby StaffJuly 21, 2011

China’s rush to high-speed rail sparks glitches

Delays brought on by a short-circuit and power outages since the rail line between Beijing and Shanghai opened, in time for the Chinese Communist Party's 90th anniversary celebration, suspicion abounds that the project was rushed to open in time for the event.

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