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The sale has a purchase price of $164 million. The companies expect the transaction to close before the end of 2026, subject to customary conditions and regulatory approvals.
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The competitive RFP includes an option to purchase an additional 377 cars, reserved for future expansions of the Metro-North service area.
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Crowded platforms. Temporary routes. New risks. Discover why video tech is critical during rail upgrades.
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Take a closer look at the next generation of Amtrak Cascades service as the first Airo trainset prepares for passenger operations in the Pacific Northwest.
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The launch marks a major milestone in Spare’s vision for unified transit operations.
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The Scheduling and Supply Studio provides the world’s first fully integrated platform for optimizing vehicle and driver availability to rider demand, said company officials.
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Stay informed with these quick takes on the projects and companies driving progress across the transportation landscape.
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The industry group’s new reports provide transit agencies with implementation strategies, governance recommendations, and examples of AI in action.
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HDR’s transit program management lead discusses the challenges of overseeing large capital projects, adapting to cost and supply chain pressures, and the capabilities agencies need to build for the future.
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The plan includes investments in cleaner vehicles and upgraded stations, NJT LiveView to provide real-time GPS tracking of train and light rail service, enhanced safety initiatives through a new Real Time Crime Center, and the debut of a redesigned NJ TRANSIT mobile app.
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