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AIG expands liability limits to $1 billion
American International Group, Inc. (AIG) has expanded excess casualty liability limits for Class I railroads in the U.S. and Canada to $1 billion per occurrence.
SMART CFO: Project fiscally sound
Sonoma-Marin Area Rail Transit (SMART) service "is two years away from the start of passenger service between the Sonoma County Airport and downtown San Rafael" in northern California, and the…
Seattle monorail plan passé, newspaper says
Amidst Seattle's aggressive expansion of light rail transit and streetcar lines, some have insisted on revitalizing monorail transportation, which appeared in the city during its 1962 World's Fair.
MTA five-year capital plan on hold
New York's Metropolitan Transportation Authority (MTA) has been told to go back to its proposed $32 billion five-year capital program and, in essence, perform a do-over.
Bombardier gets new NJT RiverLINE contract
Bombardier Transportation said Wednesday, Oct. 1, 2014 it had "signed a new contract" to continue running New Jersey Transit's RiverLINE, roughly paralleling the Delaware River between Camden, N.J., and the…
CP’s Harrison sets 2018 financial goals
At Canadian Pacific’s 2014 Investor Conference, CEO E. Hunter Harrison unveiled new growth targets out to 2018, and “a multi-year strategy to drive superior service and financial profitability, including more…
Houston Metro delays LRT launches
Continuing and mounting delays have forced Metropolitan Transit Authority of Harris County (Metro) from adding two new light rail transit lines to Houston's growing system.
TEX Rail gets FTA, FAA nods to proceed
The Fort Worth Transportation Authority (The T)'s TEX Rail project has received a Record of Decision (ROD) from both the Federal Transit Administration (FTA) and the Federal Aviation Administration, the…
Norfolk Southern recognized for carbon disclosure
Norfolk Southern Corp. said Monday, Sept. 29, 2014 it has "earned recognition recently from environmental nonprofit CDP as a marketplace leader in carbon disclosure, reflecting the railroad's broad integration of sustainable business practices…
HDR lands Columbia Pike streetcar contract
Arlington County, Va., has selected HDR Inc. for preliminary design and engineering work for its 7.4-mile Columbia Pike Streetcar Line, serving both Arlington and Fairfax counties.
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