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Alstom said it “regrets” that the remedies offered, including recent improvements, have been considered insufficient by the EC.
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The package represents their proposal to address the Commission’s concerns while preserving the industrial and economic value of the deal.
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The "Trans-Regional Express," or "T-REX," would connect the systems to greatly cut travel times and increase capacity on rail lines that will only see more strain as the area's population grows.
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The companies are reportedly making progress on one joint venture for their rolling stock operations, which would be controlled by Montreal-based Bombardier, and another for signaling, in which Siemens would have a majority
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The deal to combine the firm's train building and signaling work could be worth at least $10 billion.
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The company works to bring mobility solutions for public and alternative transportation options to North American cities through two distinctive but complementary products: moovel transit and RideTap.
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Pending adoption by its member entities, the merger between Victor Valley Transit Authority and Barstow Area Transit is slated to take effect July 1, 2015.
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Silver State, with operating authorities in Nevada and California, operates a fleet of some 40 motorcoaches from terminals in Placentia, Calif. and Las Vegas.
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The impacts of travel instruction can yield tremendous benefits to individuals, such as increased independence, increased mobility options with associated cost savings and decreased isolation from their community.
Read More →GM Lew May told the city council during budget hearings that the agency and IU have had several meetings but are in disagreement on how the two systems would split revenues.
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