In a bid to make good on a promise to promote community engagement surrounding the Long Island Rail Road (LIRR) Expansion Project, New York Gov. Andrew Cuomo laid out plans for public meetings, launched a new website and committed to expedited crossing improvements.
“We would still be buyers of Norfolk Southern stock,” Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl wrote in Reiterate Outperform—Just the Tip of the Iceberg, on May 5, 2016.
The Federal Aviation Administration opened public comments on May 3, 2016 for a proposed funding change that could benefit passenger rail development around airports.
Union Pacific announced a plan on May 4, 2016 to invest $121.6 million in 2016 to improve its infrastructure in California.
Holland LP has received the “TTX Excellent Supplier” designation based on its overall SECO (Supplier Evaluation Committee) evaluation for 2015. This is the company’s 20th time to be recognized, and 17th consecutive.