Rail

Calif. HSRA seeks $8.6B in state bonds

Posted on March 27, 2013

SACRAMENTO, Calif. — The AP reported that the California High-Speed Rail Authority voted to issue approximately $8.6 billion in taxpayer-approved bonds to build the rail line.

Officials are on track to sell $3.7 billion of the bonds — $2.6 billion for high-speed rail and $1.1 billion for improving existing commuter rail systems across the state. Half of the bond money would go to the first segment of the line.

The project still needs to weather lawsuits with court hearings pending in the next couple of months. The rulings in those lawsuits could stall the bond money. For the full story, click here.

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

More News

FRA awards $272M in State of Good Repair grants

The SOGR Program is intended to improve intercity passenger rail performance.

Gov. directs NJ TRANSIT to release monthly rail performance metrics

Will include the total number of cancellations each month and a listing of the specific types of cancellations for each line.

NTSB to railroads: Finish the job implementing Positive Train Control

Press event coincided with the 50th anniversary of a train collision in Darien, Conn., that killed four people and injured 43 others.

NJ TRANSIT Police reunite homeless man with family

Jose Lopez, 61, who hadn't seen his family in more than 24 years, made his way to New Jersey from Miami when was he was found.

FRA makes $244M available for rail funding

The FY19 NOFO will fund projects that increase rail transportation safety, efficiency, and reliability.

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