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J.B. Hunt Transport Services, Inc., a leader in the shift of freight from highway to rail, announced Wednesday that its year-to-date Intermodal segment volume had exceeded one million loads for the first time. ...

Seemingly adhering to its longstanding tradition of striving to be “anything but Dallas,” Fort Worth, Tex., Tuesday rejected further study on or pursuit of streetcars. The city had been awarded $25 million in federal funds to pursue the streetcar option.

In a 5-3 vote, Fort Worth Mayor Mike Moncrief joined four other council members in voting against continuing to the final phase of the three-part study. “This has been a real struggle for me,” Moncrief said. “The bottom line is, many of us are still wrestling with concerns over funding.”

The $88 million project would have created a three-mile north-south line through downtown, served by three streetcars, estimated to draw 2,000 daily riders. Estimated operating costs of $1.6 million per year would have been covered by the Fort Worth Transportation Authority.

Observers had questioned whether Fort Worth was a logical choice for aiding streetcar development, given the city’s tenuous support of the mode. By contrast, the other cities offered a total of $105 million in federal funding last July included Charlotte, N.C. ($25 million), Cincinnati ($25 million), Fort Worth arch-rival Dallas ($4.9 million), and St. Louis ($25 million), all aggressively advancing their respective projects.

 

--> Seemingly adhering to its longstanding tradition of striving to be “anything but Dallas,” Fort Worth, Tex., Tuesday rejected further study on or pursuit of streetcars. The city had been awarded $25 million in federal funds to pursue the streetca ...
Marsh, a unit of Marsh & McLennan Companies and a leading insurance broker and risk advisor, has appointed James N. Michel a Senior Vice President in its Global Rail Practice. ...
Invensys Rail, a major global supplier of train control and communications systems technology, has promoted two key senior executives to new positions. ...
Reopening its wheel manufacturing plant in Jefferson County, Ala., was the subject of recent discussions between Amsted Rail and representatives from Birmingham Business Alliance, Alabama Development Office, Jefferson County Commission, Jefferson County Economic Industrial Development Authority, Bir ...
Bombardier Transportation said Tuesday it has signed a Memorandum of Understanding with China’s Ministry of Railways (MOR) “aimed at strengthening their strategic partnership in the development of various products and systems, including rolling stock and signaling solutions applied in ...
General Electric Co. Tuesday said it has reached “a cooperative framework agreement with CSR Corp. Ltd. to establish a U.S.-based joint venture to advance high speed and other rail technology in the U.S.” GE said the partnership represents an investment of approximately $50 million in ...
Reflecting growing tension within the Twin Cities, BNSF is using its media-specific website, now six months old, to counter what it says is misleading information supplied by the Star-Tribune, serving Minneapolis-St. Paul, Minn,, involving railroad safety issues. “BNSF wants to ass ...
It’s not the first city this fall to receive for display a prototype streetcar built by Clackamas, Ore.-based United Streetcar LLC—but Salt Lake City stands out as one municipality actually ready to consider buying the product. ...
--> The Port Authority of New York & New Jersey has released a preliminary $7.2 billion budget for 2011 that designates $3.9 billion for capital spending. Included is $247 million for new PATH railcars and signaling improvements. The biggest single planned expenditure is ...
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