Latest News Continued

Off the drawing board, and onto the map: New York City's Second Avenue Subway.

The World Bank has agreed to provide a $500 million seed capital loan with a seven-year repayment moratorium to kick-start Indian Railways' (IR) station redevelopment program, which will be financed through a combination of intergovernmental agreements and public-private partnerships.

FreightCar America, Inc. announced May 27, 2016 that its Board of Directors has appointed Theodore (Ted) W. Baun as Chief Commercial Officer, effective June 1, 2016.

“Volume vs. Velocity—Managing Change in 2016” will be the theme for the 247th meeting of the Midwest Association of Rail Shippers (MARS) to be held 
July 11–12, 2016 at the Grand Geneva Resort in Lake Geneva, Wisc.

Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl attended the National Association of Rail Shippers (NARS) 2016 Annual Meeting, and offers the following report:

The jinx that has bedeviled timely delivery of Toronto’s new low-floor LRVs has now struck the Kitchener-Waterloo ION LRT, presently under construction. Meanwhile, the final alignment for Hamilton’s new ...

The League of Railway Industry Women (LRIW) has appointed three members to Board of Director roles.

Drivers can see trains approaching but cannot accurately judge their speed when proceeding through a railroad crossing, a Queensland University of Technology (QUT) and Australasian Centre for Rail Innovation ...

Denver’s Eagle P3 is one of several major U.S. rail transit initiatives to use a public-private partnership (PPP) approach for an FDBOM (finance, design, build, operate and maintain) project.

Protran Technology, a unit of Harsco Rail, has secured its first order from a U.S. Class I for its COMPASS™ railway asset location and awareness system.

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