Although the partnership between the two entities had flourished for years, it was recently acknowledged that the business models for each company were no longer aligned and the separation would provide flexibility for each organization to continue its growth strategies, according to James River.
Read More →Enables California, Illinois, Iowa, Michigan and Missouri to purchase next-generation, American-made trains. Trains will be designed to travel more than 110 mph along intercity passenger corridors.
Read More →Provides statistics and performance data to the public for the first time. Responding to the results of its first survey, which includes requests for improvement in on-time performance and handling of service disruptions, the agency plans to invest $217 million in rail infrastructure enhancements and explore new fare collection technology.
Read More →Chancellor Susan Desmond-Hellmann would like the entire fleet outfitted with lap belts by August, following a fatal accident earlier this month.
Read More →This new tranche is worth more than $431 million. Financing for this tranche will be split 50/50 between STIF (Syndicat des transports d'Ile-de-France) and the RATP.
Read More →Funds will make possible the purchase of two tunnel boring machines and construction of the tunnel launch box. The Central Subway is Phase 2 of the Third Street Light Rail Project, which has consistently received positive reviews as part of the Federal Transit Administration’s New Starts program.
Read More →Six-year transportation reauthorization bill proposal calls for spending $230 billion. Proposed spending level would cause cuts in funding to states for road and bridge programs, prompting massive job losses and further deterioration of infrastructure, critics warn.
Read More →Carter Pate is the Global and U.S. Managing Partner for the Capital Projects and Infrastructure practice at PricewaterhouseCoopers LLP. He is also the co-leader of the company’s Global Government practice.
Read More →Will provide technical and strategy advice regarding a new technology signaling system to be deployed on the western extension of Syndicat des Transports d’lle de France’s RER line E, part of the high-profile “EOLE” project.
Read More →This is the largest loan issued through the FRA’s Railroad Rehabilitation and Improvement Financing program to date. The locomotives are more energy-efficient and will enable Amtrak to improve frequency, performance and reliability for regional and intercity routes along the Northeast and Keystone Corridors.
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