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Cause of Action, a Washington, D.C.-based watchdog group, claims the Chicago Transit Authority may have inflated by up to $150 million the federal funding it received since 1982 by "fraudulently over-reporting" the number of miles buses travel while in service.
Read More →Providing more than 6.3 million rides and generated the highest annual ridership total since the transportation agency introduced local fixed-route service in 1979.
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Prevost Liaison 2.0 offers more reliable communications, efficient data transfer, advanced features and an easier to use interface. The system now uses a cellular network to improve signal reliability and provide wider coverage.
Read More →Association’s report says that the net benefits will extend over the next 40 years, as the population grows by more than 100 million people, according to the U.S. Census.
Read More →The researchers believe one of the reasons the U.S. continues to lack a firm HSR policy framework is that advocates have not developed a few key, compelling arguments that politicians can coalesce behind to push for HSR development.
Read More →The moderate annualized decrease in industry revenue of 1.7% masks the sharp demand declines experienced during the recession. However, locomotives and railcars are built when ordered, which causes order backlogs that can last an average of three years.
Read More →Such deferrals could hurt an entity's credit if capital costs escalate over time, putting the system at risk. Conversely, proceeding with such projects could also hurt the credit rating if the resulting liquidity and debt levels are not already reflected in the rating.
Read More →Canada's TSB said there are no safety defenses to prevent trains from changing tracks at a high rate of speed and that the country is falling behind others around the world, including the U.S., in stepping up safety.
Read More →State DOT report says that the high-speed rail project that Gov. Rick Scott canceled last year would have made an annual surplus of $31 million to $45 million within ten years of operation.
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Amid growing criticism of the project, the California High-Speed Rail Authority's Chairman of the Board Thomas J. Umberg announced the resignation of CEO Roelof van Ark, effective in two months.
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