Wabtec signs $65M PATH subway car contract
Contract option would increase total value of contracts to $80M.
Contract option would increase total value of contracts to $80M.
Deliveries of the 78 new-generation electric railcars are scheduled to begin March 2008.
Deal with Wabtec subsidiary is worth $93 million.
One inbound driver failed to yield to oncoming train on close curve.
Board concludes that engineer was distracted and missed signal. It repeats call for positive train control.
Deal with downtown San Francisco phone companies will generate a minimum of $408,000 a year.
Light rail costs can be reduced through increased supplier competition, more transit agency expertise.
Unions are protesting six-year stalemate in contract negotions.
Railroad leader ousted over funding disagreement, opposition to Bush Administration.
The company plans to expand its California plant and insource its train carshell manufacturing process.
Company's MotivePower subsidiary wins $217 million contract to build commuter locomotives.
10-year contract contains provisions for two additional five-year renewal options.
Acela Express strikes car in Waterford, Conn., killing woman and grandson and causing delays.
New Jersey Transit exercises options for 131 additional multilevel vehicles.
The railcar, manufactured by Bombardier Transportation, is part of a 231-vehicle order, with each car costing an average of $1.9 million.
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