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Economic development within one-half mile of the system has been stimulated by ridership that has exceeded original projections. Valley Metro began compiling development activity since construction started in 2005 as part of an economic development database.
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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.
Read More →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.
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