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The completion of the transaction is subject to customary closing conditions including U.S. anti-trust and Canadian Competition Act approvals. Management currently expects the Transaction to close by the end of 2015.
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Since President Obama signed ARRA into law on Feb. 17, 2009, grants totaling more than $5.7 billion have been made available for transit improvements throughout the nation.
Read More →Since the last federal surface transportation act expired last fall, Congress has been granting short-term extensions. The current extension is scheduled to expire March 28.
Read More →Starting later this year, the MV-1 will be built in the U.S. at the AM General assembly plant in Mishawaka, Ind.
Read More →New administration developed to help protect against terrorism.
Read More →Modernized two 1920s-era subway stations. This project was one of 32 the agency embarked on with $191 million in ARRA funding. The Spring Garden-Girard station was SEPTA's largest stimulus initiative.
Read More →Outperformed the competition on the interior noise tests with impressive results and got to the finish line with a clean slate on the body structure.
Read More →Through its pledge, EIP will work to secure commitments from public agencies to increase the number, size, and scope of contracts going to HUBs.
Read More →Instead of hopping on the next Metrobus, riders with disabilities have to make reservations for the more expensive MetroAccess service.
Read More →Investment in mass transit leads to many rewards — for the region served by a transportation authority; for the passengers who use transit to get to work, school, appointments, shopping and recreational destinations; and for communities located near transportation stations and hubs.
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