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Positive Train Control technology is capable of automatically controlling train speeds and movements should a locomotive engineer fail to take appropriate action.
Read More →The two-train collision on the MBTA Green Line last year occurred as a result of the trolley operator's failure to obey a signal indication, due to a possible sleep disorder and the lack of a positive train control system.
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Securing the contract with Winnipeg assembly plant workers is a key milestone, enabling MCI to continue its plan to successfully emerge from Chapter 11 Bankruptcy protection, which it plans on exiting in late March, according to the company.
Read More →Developing the new rules is a necessary first step to specify how the technically complex PTC systems must function and describe how FRA will assess a railroad’s PTC implementation plan before it can become operational.
Read More →Bus manufacturer emerges from bankruptcy through new agreement.
Read More →Bus contractor obtains $145 million in financing.
Read More →Laidlaw operated under Chapter 11 bankruptcy court protection after a diversification program did not do as well as intended.
Read More →The company will also relocate its Canadian headquarters to the U.S.
Read More →VecTour cites 50% decline in travel since Sept. 11 attacks as reason for bankruptcy filing.
Read More →Laidlaw Inc. is seeking protection from its creditors and has filed petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company has struggled under mounting debt loads brought on by disastrous investments in U.S. ambulance and hazardous waste disposal industries.
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