Amtrak President and CEO Joseph Boardman says the National Railroad Passenger Corp. will require similar liability protection that Florida has offered Class I railroad CSX Corp. if Amtrak is to continue serving central Florida while SunRail regional rail service is established.
In a letter mailed Monday to the Florida Department of Transportation, Boardman said he was terminating a previous agreement Amtrak had with the state to share tracks with SunRail. In an interview Tuesday ,Boardman voiced concerns over liability if Amtrak and SunRail were involved in an accident. Boardman wants the state to shield Amtrak from some potential lawsuits and claims. "Amtrak can't take the business risk," he said.
The proposed $1.2 billion regional rail service would include six central Florida counties, with Orlando serving as the hub city. Florida has continued to work with CSX in advancing the regional rail service, which has survived several attacks from opponents within the state legislature. Under the proposal, CSX would sell roughly 61 miles of right-of-way to the state, retaining trackage rights for freight rail operations.
FDOT officials see Boardman's statements a negotiating ploy. So does Rep. John Mica (R-Fla.), who said Amtrak is "nudging" the state to come to some sort of an agreement. "It's a reminder that this has to be dealt with," said Mica, who has been critical of Amtrak in the past but does believe Amtrak truly might need an improved liability agreement.
Austin, Tex.’s Capital Metropolitan Transportation Authority has set March 1 as a target date to begin test runs of its oft-delayed 32-mile Austin-to-Leander rail line and diesel multiple-unit (DMU) equipment built by Stadler.
CapMetro said it expects to begin revenue service later in the month. In anticipation, the agency has worked to alert area residents to the impending train traffic, including safety presentations at all school campuses within two miles of the route.
FRA representatives will be on hand to observe and inspect the rail operations, CapMetro spokesman Adam Shaivitz said.
Bombardier Transportation said Wednesday it had won a tender for the new regional double-deck trains organized by the French Railways (SNCF) on behalf of the French Regions. The framework contract calls for design and manufacture of 860 double-deck electrical multiple units (EMUs) for approximately 8 billion euros ($11 billion), subject to exercising some technical options.
SNCF also signed a first firm order for 80 trains valued at approximately 800 million euros ($1.1 billion), financed by the Regions, Bombardier said. So far, six Regions have placed orders, which they will finance: Aquitaine, Bretagne, Centre, Nord-Pas de Calais, Provence-Alpes-Côte d’Azur, and Rhône-Alpes.
First deliveries of the initial order are scheduled to takeplace in June 2013 and will continue until December 2015.
Bombardier says it developed a new double-deck train platform especially for this tender at its facility in Crespin, France. It includes: a modular concept to meet the Regions’ various needs in terms of suburban, regional, and intercity services; wide-body cars to offer unmatched capacity and a high level of comfort; and an articulated architecture and wide connectors which create transparency throughout the length of the train and an increased sense of security.
“We thank the Regions and SNCF for their trust in this large-scale project for which Bombardier Crespin teams have demonstrated their creativity and engineering excellence. These teams are now on the starting blocks to implement this important project,” said Jean Bergé, president of Bombardier Transportation France. “The solution created by our engineers is a train which stands out by its width, capacity, comfort, and polyvalence. It will become a reference product, and will support the regional rail transport development in our country.”
A report released Wednesday by the Surface Transportation Board shows that Class I railroad employment fell to 145,609 in mid-January 2010, a loss of 8.72%, or 13,902 jobs, since January 2009.
The biggest loser was the train crew category transportation (train and engine), where employment declined 11.57% to 55,876, a loss of 7,311 jobs.
Other employment groups also declined: executives, officials, and staff assistants (9,029), down 10.79%; professional and administrative (13,256), down 3.61%; maintenance of way and structures (32,729), down 4.99%; maintenance of equipment and stores (28,186), down 8.16%; and transportation other than train and engine (6,533), down 10.65%.
Total January 2010 employment was down 0.78% from December 2009, indicating a continuing downward trend.
The STB report showed that the January 2010 employment index (based on 1967 as 100) was 23.7% vs. 25.9% in January 2009 and 26.5% in January 2008.
The U.S. Senate Monday voted 62-30 to end debate on the Hiring Incentives to Restore Employment (HIRE) Act, ending the threat of a filibuster and clearing the way for potential passage—which could ensure additional public transit, according to the American Public Transportation Association.
APTA said the Senate is expected to vote on the bill Wednesday. The HIRE Act extends the authorization of the federal surfacetransportation program through December 31, 2010. If enacted, the Federal Transit Administration will be able to allocate the remaining 58% of formula funds that have already been appropriated for fiscal year 2010.
The HIRE Act also provides a transfer of $19.5 billion ofgeneral funds to the Highway Trust Fund, including $4.8 billion to the Mass Transit Account. This transfer is expected to ensure the solvency of the Mass Transit Account through the end of FY 2011. The Senate Finance Committee based the transfer on restoring interest payments to the Highway Trust Fund. The HIRE Act would also expand the Build America Bonds program, allowing states and local governments to borrow at lower costs to finance more infrastructure projects.
Should the Senate pass the measure, the House of Representatives could pass its version of the bill later in the week before the current extension ofsurface transportation programs expires on February 28. But, APTA notes, the House passed a larger jobs bill late last year that included an extension of The Safe, Accountable, Flexible, Efficient Transportation Equity Act: ALegacy for Users (SAFETEA-LU) through FY10, which ends Sept. 30. The House could decide whether to accept the Senate bill “as-is,” or attempt to amend it to address some of their differing priorities. APTA says it believes either action is preferable to no action at all.
APTA noted that Monday’s vote included support from five Republican Senators: Kit Bond (R-Mo.), Scott Brown (R-Mass.), Susan Collins(R-Maine), Olympia Snowe (R-Maine), and George Voinovich (R-Ohio). Nebraska Sen. Ben Nelson was the only Democrat to vote against the cloture motion.
New York's Metropolitan Transportation Authority announced Tuesday that it plans to cut at least 1,000 positions in order to cover its latest budget gap of $378 million. MTA said it would eliminate “more than 600 represented and non-represented administrative postions,” while also moving to lay off “up to 500 NYC Transit station agents.”
MTA’s public statement said the cuts “represent 15% of administrative payroll across the MTA, with deeper cuts at MTA headquarters.” An in-house MTA memorandum offered a darker picture, suggesting headquarters staff could be reduced “by as much as 20%. In implementing the staffing reductions, the MTA will comply with applicable statutory and collective bargaining obligations covering its employees. In addition, non-represented employees who resign will be offered a severance package.”
The agency said station agent positions affected originallyto be eliminated through attrition.But MTA Chairman and CEO Jay Walder said, “The State’s economic crisis demands that the MTA move quickly and decisively to cut costs, and that is exactly whatwe are doing.” Walder, painting the layoffs as “painful,” nonetheless also described them as “the beginning of a comprehensive overhaulof how the MTA does business.” The CEO said the revamp includes “reducing overtime, consolidating redundant functions, and working with suppliers to lower costs.”
The current $378 million budget gap follows an earlier shortfall of $383 million. MTA last December enacted an earlier found of service cuts and administrative reductions to close that gap.
Cubic Transportation Systems, Inc., has won a $15 million contract to design, deliver, and provide services for a new smart card ticketing and revenue management system for the South Florida Regional Transportation Authority (SFRTA). It will be interoperable with Miami-Dade County's new EASY CARD system.
Tri-Rail, connecting Palm Beach and Broward Counties with Miami-Dade County, will be the first transit agency to join in the creation of a South Florida regional system, enabling riders to use one smart card on both systems. Palm Tran and Broward County Transit are expected to join later.
The SFRTA system will process smart cards and printed tickets and will encompass 76 ticket vending machines, 85 station validators, six ticket office machines, and 60 handheld units.
The SFRTA-Miami Dade Transit interoperability will create the first multi-agency regional system that is compliant with the American Public Transportation Association's Contactless Fare Media Standard that has been adopted in public transport as the national standard.
The New England Railroad Club has announced its 2010 plans for its annual Academic Scholarship Awards, eligible to children or grandchildren of club members in good standing. Applications are sought “from high school seniors who will attend an accredited institution of higher learning leading to a bachelor’s level or associate level degree, and from students already enrolled and attending such institutions.” Previous applicants are encouraged to apply once again, the club notes.
Funds will be disbursed, payable to the student, upon receipt of proof of registration for the Fall 2010 academic semester.
To apply, students must submit the following support materials with their application: academic transcripts; a letter of recommendation from teachers or academic advisers; and a one-to-two page essay describing the applicant’s career goals and personal history.
Should they wish, applicants may also submit a resume listing academic, work, and extracurricular activities.
Applications should be submitted no later than April 20, 2010 to the New England Railroad Club, P.O. Box 82, Lowell, MA 01853.
For the full year 2009, Wabtec Corp. Tuesday reported earnings per diluted share of $2.39, on sales of $1.4 billion. "The company generated strong cash flow from operations of $161 million, or 11.5%, marking the 12th consecutive year that Wabtec's cash flow from operations exceeded net income," said Wabtec. "At year-end, the company had cash of $189 million and debt of $392 million. With its strong balance sheet and cash flow, Wabtec believes it has ample capacity to invest in future growth opportunities."
In the fourth quarter, earnings per diluted share were 56 cents, excluding a previously announced charge of 6 cents for an arbitration ruling. Including the charge, earnings per diluted share were 50 cents, failing to meet Wall Street's 56 cents estimate. Sales decreased to $359 million, as increased sales in the Transit Group were offset by lower sales in the Freight Group. Compared to the third quarter of 2009, sales were 9% higher, with both groups showing an increase.
In the fourth quarter, Wabtec completed the acquisition of Unifin International, a manufacturer of cooling systems and related equipment for the power generation and transmission industry, for $93 million.
Wabtec affirmed its 2010 earnings per diluted share guidance of $2.35-$2.50, with revenue expected to be flat to slightly up.
Albert J. Neupaver, Wabtec's president and chief executive officer, said: "Faced with very challenging market conditions in 2009, the company performed well, generating strong cash flow from operations and improving margins, after adjusting for one-time items. These results were due to our diversified business model and the hard work of employees at all levels of the company. Market conditions will continue to be challenging in 2010, but we expect to benefit from our 2009 restructuring actions and other growth initiatives. We are optimistic about the company's future growth opportunities around the world, given our strong balance sheet, diversified business model, and continued application of the Wabtec Performance System principles."