Author: Andrew Corselli

Takeaways From Cowen’s 2Q20 Rail Shipper Survey

“Shippers expect rail price increases of 2.3%, up 40bps sequentially, above rail cost inflation, but well below the survey’s average. Economic expectations are all higher sequentially; some remain below the survey’s average while some are very positive indicators. With PSR cost-cutting, growth opportunities and the ability to capitalize on supply chain near-shoring, Kansas City Southern remains our top rail pick.”

CHSRA Releases Draft Environmental Document for N. California Project

The California High-Speed Rail Authority (CHSRA) is releasing its second project-level Draft Environmental Impact Report/Environmental Impact Statement (EIR/EIS) for the 49-mile project that would provide service between the Salesforce Transit Center in San Francisco and the San Jose Diridon Station. The document for the Northern California project section will be available for public comment starting Friday, July 10.

MTA, Transit Innovation Partnership Debut COVID-19 Response Challenge

The New York Metropolitan Transportation Authority (MTA) and Transit Innovation Partnership launched a new “COVID-19 Response Challenge” in an effort to engage the private tech industry and rapidly evaluate and deploy innovative technologies that make public transit safer, healthier and more responsive to customer and workforce needs in light of the global pandemic.