Shuttle bus products currently represent less than 12% of the company's consolidated sales and had a materially adverse impact on consolidated earnings in 2013.
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.
More than 500 passengers were affected by the delay caused by engines being paralyzed when the trains hit a 12-foot snow drift Monday afternoon.
Under a $184 million contract, the supplier will replace the agency’s existing fare collection systems. The new system will let riders continue to use SmarTrip cards, while expanding fare payment to chip-enabled credit cards, federal government ID cards, and mobile phones using near field communications.
A top state official said the 13 mile-long train system, which includes a link to the airport, won't be completed until December, more than five months after the end of the World Cup.
Plan would tap $250 million in funds from corporate fees on greenhouse gases in an effort to help make up for $9 billion in state funding that was blocked last year in a court ruling. Environmental groups want the funds go to projects that can have more immediate effects on climate change.
Serving alongside fellow co-chairs former New York City Mayor Michael Bloomberg and former Pennsylvania Gov. Ed Rendell, will help lead bipartisan coalition committed to raising awareness about the need to invest in U.S. roads, bridges, airports, rails and ports.