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Results from efforts to improve its financial performance, including increased efficiency, cost controls, and debt reduction as well as better service, record ridership and anticipated increases in revenue.
Read More →During a trip to Asia in December, Mayor Antonio Villaraigosa met with executives from a Chinese investment company, which officials said was arranged to explore alternative investment opportunities.
Read More →Concerned board members did not support spending the money with the outlook so bleak for a federal highway and transit bill this year.
Read More →Will fund 22 University Transportation Centers to advance research and education programs that address critical transportation challenges.
Read More →Will continue frequent bus service for another year on its two most popular routes. Ridership has increased 20% on the routes since last February.
Read More →Despite a recent reallocation of a grant to bus rapid transit, the city may receive additional funding for the project.
Read More →Vermont, hard hit by Hurricane Irene, will receive $125.6 million; North Dakota will receive $89.1 million for the Devils Lake Basin for damage caused by Spring 2011 runoff; and Iowa will receive $37.5 million to repair damage caused by the May 2011 Missouri River flooding.
Read More →Will support a project that will extend construction of the corridor north to Joliet, allowing for 110-mph service along nearly 70% of the route. Once construction is complete, travelers can expect reductions of more than an hour in trip time and improved on-time performance.
Read More →Illinois DOT received more than $177 million for a passenger rail project between Chicago and the Quad Cities. Georgia DOT was awarded $4.1 million to complete plans and an environmental study for a 250-mile passenger rail corridor between Atlanta and Charlotte, N.C., and the D.C. DOT received $2.9 million for potential bridge replacement.
Read More →Will fund the Draper Light Rail Project, a 3.8-mile extension of agency’s current TRAX service. The project includes three new stations with park-and-ride-facilities, and will run parallel to the heavily traveled Interstate 15 corridor and make it easier for suburban residents to commute to jobs in Salt Lake City.
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