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The contracts are canceled and CAF will forego any additional payments for unpaid work and lost profits. In addition, CAF will refund $14 million to Metro. The agreement was ratified by Metro's board on Friday.
Read More →For the third year in a row, the intercity bus service was the fastest growing mode of intercity transportation, outpacing air and rail transportation, the study reports. Intercity bus operations expanded by 6 percent in 2010.
Read More →Milwaukee protesters gathered again, this time at City Hall, to oppose Gov.-elect Scott Walker’s decision to rescind federal high-speed rail funds. They are demanding job creation alternatives.
Read More →The reconstructed bridge will be Tulsa's first multimodal crossing to accommodate highway, pedestrian and bicycle traffic, as well as high-speed intercity and commuter rail.
Read More →MTR Western is the biggest asset in the bankruptcy estate of Darren Berg, who's been charged by federal prosecutors with running a Ponzi scheme that cost investors more than $100 million.
Read More →The first bus will be sent to Altoona for safety testing. The EcoRide BE35 will be the first all-electric bus that the center will be testing and once completed, allows Proterra to mass produce and sell the bus on a commercial scale.
Read More →After becoming a popular alternative to air and car travel in the Northeast Corridor, the operator plans to build onto its success with a plan for a bullet train that would run at speeds of up to 220 miles per hour.
Read More →The agency needs to fill more than 210 vacant positions for bus operators, train operators and station managers. A hiring freeze, stricter standards and retiring operators are behind the majority of staff losses.
Read More →After the state repays the $271M it owes the federal government for canceling the Access to the Region’s Core commuter-rail tunnel project, the FTA will return $128 million, so New Jersey can replenish other state transportation accounts that were depleted to finance the project.
Read More →Transit officials knew that The Tide project would cost more than the $232 million figure they gave to the government back in 2007.
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