Transportation Secretary Ray LaHood Wednesday formally awarded more than $186 million to the Illinois Department of Transportation (IDOT) for its higher-speed rail project (HrSR), saying the project will reduce travel times and put Americans back to work this spring.
Almost any way you look at it, railroads are getting safer. The latest report from the Federal Railroad Administration’s Office ofSafety Analysis, covering the first 10 months of the years 2008-2011, shows continuous improvement.
Erie, Pa.-based GE Transportation said it had completed its acquisition of software provider RMI from The Carlyle Group. GE said late Tuesday the acquisition significantly expands its Software and Optimization Solutions business to serve railroad customers worldwide. Terms of the deal were not disclosed.
The Federal Transit Administration has issued its final approval Los Angeles’ plan for a $1.72 billion light rail transit line along Crenshaw Boulevard, running from the Green Line near Los Angeles International Airport to the Expo Line.
OMNI Products, Inc. announced that it has been joined by Jensen Precast, a provider of precast concrete products, in an agreement to expand the manufacturing and distribution of OMNI Products’ grade crossing systems into the western U. S.
The Association of American Railroads Thursday wrapped up its reporting of 2011 traffic trends by noting gains for the year, the month of December, and the last week of the year just past.
The chairman of the California High-Speed Rail Authority Board of Directors, Thomas J. Umberg, on Thursday released a statement praising Gov. Jerrry Brown, following the unveiling of the governors’ 2012-13 State Budget:
Sonoma-Marin Area Rail Transit (SMART) said Thursday it had “completed final negotiations” to build phase 1 of an eventual 70-mile rail line in Sonoma and Marin counties, north of San Francisco. Phase 1 will link Santa Rosa and San Rafael, Calif., a distance of roughly 37 miles.
The Greenbrier Cos. Friday reported fiscal 2012 first-quarter revenue of $398.2 million, which it said was “double the $198.9 million realized in the prior year’s first quarter,” and net earnings of $15.5 million, or 48 cents per diluted share, compared with a net loss of $2.3 million, or 11 cents per share, in the comparable quarter of a year ago.