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ECP brakes, money, politics and Oregon
Financial Edge, Railway Age, August 2016: Ah those midsummer doldrums. Hopefully, loyal readers are able to take a needed respite and page through your favorite magazine by a pool or…
California caps and trades $374 million for rail
As California's Cap and Trade program of greenhouse gas emissions advances, rail projects receive development grants: On August 16, the California State Transportation Agency (CalSTA) announced 14 recipients for the…
FTA makes $7 million available for safety grants
The Federal Transit Administration (FTA) has $7 million in grants available to support efforts that enhance the safety of transit workers and passengers.
FRA awards $25 million for PTC implementation
Eleven projects across six states and the District of Columbia will receive grants from the Federal Railroad Administration (FRA) to assist in the implementation of Positive Train Control (PTC).
AAR doubles down on FRA crew size proposal
In comments submitted August 16 in response to a July 15th public hearing, the Association of American Railroads (AAR) again urged the Federal Railroad Administration (FRA) to withdraw its proposed…
Pennsylvania to allocate $61.9 billion to statewide transportation improvements
Pennsylvania’s State Transportation Commission (STC) has announced updates to the state’s 12-Year Transportation program, effective Oct. 1.
FTA issues Public Transportation Safety Program final rule
The U.S. Department of Transportation’s (DOT) Federal Transit Administration (FTA) issued the Public Transportation Safety Program final rule on August 11th.
Fishman joins Nossaman Infrastructure Practice Group
Edward Fishman, an experienced attorney who specializes in infrastructure projects, principally in the transportation and logistics sector, has joined the Infrastructure Practice Group of Nossaman LLP as a Partner.
CP: Ackman cashes out
Pershing Square Capital Management L.P. principal Bill Ackman has sold all his shares in Canadian Pacific, walking away with a cool $1.5 billion.
STB determines rail industry's cost of capital for 2015
The Surface Transportation Board announced on August 5th that it has issued its decision determining the railroad industry's cost of capital for 2015.
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