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For both a Congress and an Administration that agree they should encourage more private sector investment in infrastructure development, they almost could not undermine this goal any more if they tried.
Read More →Explained that the process of aging and decaying infrastructure is gradually eroding the serviceability of the railroad as underfunding takes its toll. Lost riders and revenues are the clearest manifestation of the problem when a failure occurs.
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This round of funding included two new strategic electric industry investors, Edison Energy Inc., a subsidiary of Edison International and Constellation.
Read More →Includes $50 billion for immediate investments to support critical infrastructure projects, such as improving America’s roads, bridges, transit systems, border crossings, railways and runways,
Read More →The company also announced the opening of its New York office and the hiring of Josh Robin as VP, strategy and business development, North American operations.
Read More →Founded in 1949, and headquartered in Caxias do Sul, Brazil, Marcopolo is one of the world’s largest bus builders and is primarily engaged in the manufacturing of buses, bus bodies and components.
Read More →Difficulties brought on by Hurricane Sandy underscore the need for a rebalance in transportation investments. More people are choosing to live in places closer to where they work and ride public transit instead of driving.
Read More →The aggressive capital program, known as Metro Forward, includes projects to replace 95 buses; rehabilitate 100 buses, 42 escalators and 21 elevators; install event recorders on the 1000- and 4000-series railcars, and continue the rehabilitation of track and structures maintenance on the Red, Orange and Blue lines.
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Supports the recently launched online grassroots campaign "Take Action. Write to Minister Lebel" that aims at engaging dialogue on the national importance of transit and making sure public transit becomes a central-pillar of the next long-term plan
Read More →TCAP last month restated its intention to offer up to $500 million in common and preferred stock or debt securities to investors in the coming months.
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