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Honolulu project faces short-term fiscal shortfall
Honolulu City Council members have deferred a resolution assuring short-term bond financing for the Honolulu Authority for Rapid Transportation (HART)'s 20-mile elevated rapid transit line, now under construction.
Indiana confronts Hoosier State crisis
Thwarted in its effort last year to employ a private contractor to handle large operation of Amtrak's Hoosier State, Indiana officials now are scrambling to secure state funding to ensure…
New Orleans mulls Public Belt Railroad sale
New Orleans Mayor Mitch Landrieu is requesting commissioners of the New Orleans Public Belt Railroad, a city-owned property, to consider putting the railroad up for sale to a private-sector operator.
CSX posts record 4Q, full-year results
CSX Corp. said late Tuesday, Jan. 13, 2015 it had notched record fourth-quarter net earnings of $491 million, or 49 cents per share, up 15% from $426 million, or 42…
Appalachian Railcar Services makes buy
Eleanor, W. Va.-based Appalachian Railcar Services (ARS) on Friday, Jan. 9, 2015, said it has acquired BRC Rail Car Services of Lynchburg Va.
Vancouver transit plebiscite set for spring
Voters in the Vancouver, B.C., metropolitan area will vote by mail between March 16 and May 29 on a half-per-cent sales tax proposal, which would be used to fund several…
Atlanta streetcar to open Dec. 30
Atlanta Mayor Kasim Reed announced Tuesday, Dec. 23, 2014, that the 2.7-mile Atlanta streetcar line would be officially launched for service on Dec. 30, fulfilling a pledge by the mayor…
Detroit M-1 Rail finalizes tax credit funding
Supporters of Detroit's M-1 (or M1) streetcar project said Tuesday, Dec. 23, 2014, that agreements had been "finalized for the second phase of an approximately $40 million total in New…
45 G tax credit extended through 2014
U.S. Senate approval Tuesday, Dec. 16, 2014, of 45-G, by a 76-to-16 vote, has assured passage of the measure, part of H.R. 5771, The Tax Increase Prevention Act of 2014, and…
Oklahoma City eyes Inekon, Brookville options
Prague, Czech Republic-based Inkeon Group a.s., appears to be the frontrunner among four streetcar suppliers bidding for Oklahoma City's MAPS 3 project, with Brookville Equipment Corp. still a factor as…
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