Management & Operations

Record Mass. commuter rail deal could top $2.6 billion

Posted on January 8, 2014

BOSTON — The Boston Globe reported that the price tag for the operating contract for the state's commuter rail system, the T, is $2.68 billion over eight years, with the possibility for two two-year extensions that could bring the total price to $4.3 billion.

That would make the base deal, the largest operating contract in state history, about $335 million per year. State officials are preparing to announce their choice to operate the commuter railroad. Proposals were submitted by the current operator, Massachusetts Bay Commuter Railroad, and the sole challenger, Keolis Commuter Services, according to the Globe. For the full story, click here.

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

More News

FTA awards $5M in Tribal Transit Program funds

The Fiscal Year 2019 grants will support 39 projects in 20 states

FTA initiative will make $11M available for mobility innovation

The goal of the new service models is to encourage travelers to choose transit.

Latinos in Transit names new president, board officers

Alva Carrasco, who serves as transit and rail market lead, zero emissions bus for Northern California, at WSP USA will take on the role of president.

Q'STRAINT's Fears announces retirement

The company’s midwest regional sales manager, who served 35 years in the transportation safety industry, helped industries address their transportation safety equipment needs.

C-TRAN appoints new deputy CEO

Monica C. Fowler will also serve as the agency’s treasurer, with oversight of budget, finance, accounting, grants, and procurement

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