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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 →We need to redouble our efforts to get what the country’s economy needs passed into law, not just this year and next, but beyond, in the form of a stable source of revenue for the Trust Fund to fully fund the program.
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 →Closed a $23 million Series B financing round amid rising demand for its transit solutions. Has tripled orders under contract for the company’s flagship EcoRide from public transit agencies in the past twelve months alone and is planning for its current growth path to continue.
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
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