Between now and 2039, nearly $13 trillion will be needed for rail, transit, highways, bridges, drinking water, stormwater, wastewater, electricity, airports, seaports and inland waterways. But if the U.S. keeps pace with planned spending—currently totaling $7.3 trillion—it will face a $5.6 trillion investment gap by 2039, the ASCE report found.

ASCE: ‘Close the Infrastructure Investment Gap’

Inadequate U.S. infrastructure improvements could lead to a decline of more than $23 trillion in business productivity and a loss of $10.3 trillion in GDP over the next two decades, according to a recently released American Society of Civil Engineers (ASCE) economic study.

With funding through Pennsylvania's Rail Transportation Assistance Program (RTAP) and Rail Freight Assistance Program (RFAP), railroads and shippers will advance 26 improvement projects across the state.

PA Approves $31.3MM Rail Infrastructure Investment

The Pennsylvania State Transportation Commission has approved distribution of $31.3 million for 26 freight rail improvement projects through the Rail Transportation Assistance Program (RTAP) and the Rail Freight Assistance Program (RFAP).

Peter Anastor, Director, Office of Rail, Michigan Department of Transportation (left); Kristin Steiner, Head of Strategic Partnerships and Sales, Transit Wireless; Mark Boyle, Vice President, R.J. Corman Railroad Services LLC.

People News: MDOT Rail Director; R.J. Corman VP; Transit Wireless Sales Leader

The Michigan Department of Transportation (MDOT) named Peter Anastor, Director, Office of Rail; R.J. Corman Railroad Services LLC promoted Mark Boyle to Vice President, succeeding Rick Johnson, who transitions to Advisor; and Transit Wireless hired Kristin Steiner as Head of Strategic Partnerships and Sales.

The new $100 million funding allocation will go toward the $6.86 billion final phase of VTA's BART Silicon Valley project, which will extend operations 6.5 miles from downtown San José to Santa Clara.

BART Silicon Valley Phase 2 Advancing With $100MM FTA Pledge

California’s Santa Clara Valley Transportation Authority (VTA) has been allocated $100 million from the Federal Transit Administration (FTA) for phase 2 of the Bay Area Rapid Transit (BART) Silicon Valley project. The $6.86 billion final phase will extend BART operations 6.5 miles from downtown San José to Santa Clara and include four new stations.

RBMN: Growth in the Time of COVID

In the midst of a COVID-19-driven substantial economic slowdown that impacted North American 2020 freight rail traffic, Class II Reading & Northern Railroad (RBMN)—Railway Age’s four-time Regional Railroad of the Year (2002, 2011, 2015, 2020)—posted another banner year, breaking previous records for carloadings and freight revenue.

The FTA will provide just over $766 million for the Portal North Bridge Project, with the Federal Highway Administration providing roughly $57 million. NJ Transit and Amtrak will provide the balance of funding, about $977 million, and share operating and maintenance.

FTA Commits $766.5MM to Portal North Bridge

New Jersey Transit has received a $766.5 million grant agreement from the Federal Transit Administration (FTA) for the $1.888 billion two-track, fixed-span Portal North Bridge Project in Hudson County.

Loram Acquires Montana Hydraulics Assets

Loram Maintenance of Way, Inc. has acquired the railroad services divisions of Montana Hydraulics, LLC. The products and services acquired will be managed under Loram Technologies, Inc., a wholly owned subsidiary of Loram.

As part of its contract extension, TransitAmerica Services will also support construction of Caltrain’s Peninsula Corridor Electrification Project, which includes the installation of more than 3,000 concrete foundations.

Caltrain Extends TASI’s Operating Contract

The Caltrain Board of Directors has extended through June 30, 2027, its operating agreement with TransitAmerica Services, Inc. (TASI).

Northern Indiana Commuter Transportation District is adding a 26.6-mile second track to its South Shore commuter rail line between Gary and Michigan City, Ind., to reduce rider travel times.

FTA Signs FFGAs for NICTD, Phoenix Metro Projects

The Federal Transit Administration (FTA) has signed Full Funding Grant Agreements (FFGAs) for Northern Indiana Commuter Transportation District’s (NICTD) Double Track Northwest Indiana Project and for Valley Metro’s South Central Light Rail Extension/Downtown Hub Project in Phoenix.

2021 Railroader of the Year: Keith Creel, Canadian Pacific

RAILWAY AGE, JANUARY 2021 ISSUE: The 58th annual recipient of Railway Age’s Railroader of the Year Award is Canadian Pacific President and Chief Executive Officer Keith Creel. Creel has been instrumental in Canadian Pacific forging a leadership role in the industry, while acknowledging the railroad’s place in history and its role in driving the North American economy forward. He has helped renew Canadians’ and CP employees’ sense of pride in a company that connected a nation, and connected Canada to the rest of the world. Under his steady hand, and under very difficult circumstances this past year, CP has been a safe, efficient and productive railroad, enabling its customers to connect with domestic and global markets.

LOAD MORE