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Elaine Chao promised to look at creative ways to attract funding for the $1 trillion infrastructure investment that the president-elect campaigned on, but was careful to avoid mentioning any specific financial figures.
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Will design and supply the new generation of two-tier equipment for lines D and E of the Île-de-France network, which is operated by SNCF Transilien. The first firm part of the order comprises the delivery of 71 trains.
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Krauss brings over 20 years of strategic and financial management experience, supporting the successful delivery of $14 billion of capital investments.
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San Francisco's projects funded by this grant build on the partnerships and ideas developed for U.S. DOT’s original Smart City Challenge.
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The SFMTA’s ultimate purchase of 260 light rail vehicles may be one of the largest purchases of light rail vehicles in North America in modern history, and will increase Muni’s light rail vehicle fleet by 50%.
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The total amount of the framework contract is valued at a list price of approximately $1.9 billion and it gives ÖBB the opportunity to make several call-offs for trainsets used for regional and suburban rail transport.
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The CIG Program is the nation’s primary grant program for funding major transit capital investments. Projects accepted into the program must go through a multi-year, multi-step process.
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Other highlights include discussion of air travel vs. train travel and freight railroading and passenger train travel.
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For FY 2016, the agency expects to collect 79% of the civil penalties it issued to railroads, hazardous materials shippers and others for violating federal safety regulations, a 4% increase over FY2015, and the largest percentage rate ever closed by the agency.
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Transportation Secretary Anthony Foxx launched the Build America Bureau earlier this year to provide a one-stop-shop for state and municipal governments to find innovative solutions to funding critical infrastructure projects.
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