Rapid Transit

You Blew It, Andrew Cuomo

New York City Transit President Andy Byford resigned on Jan. 23. Andy was hired in January 2018 to improve and transform New York City’s 116-year-old subway, North America’s largest, and he was doing just that. But he got fed up with New York Gov. Andrew Cuomo, who thinks he’s in charge of running New York’s railways. Now, someone else will have to carry on—if they’re capable—and that remains to be seen.

First Look: NYCT R-211

The New York Metropolitan Transportation Authority is providing a first look at its new, open-gangway (“Open Car End”) New York City Transit R-211 subway cars, now under construction by Kawasaki Rail Car, Inc.

FTA Launches $11MM AIM Initiative

Federal Transit Administration (FTA) Acting Administrator K. Jane Williams recently announced the U.S. Department of Transportation’s Accelerating Innovative Mobility (AIM) initiative, which aims to support and advance innovation in the transit industry via $11 million in challenge grants.

FTA: $1.4B for NYMTA

The Jan. 15, 2020 New York Metropolitan Transportation Authority public hearing for its proposed federal fiscal year 2020 capital program of projects confirms there continues to be good news from Washington concerning real financial support. Several million commuters will see some of the benefits.

LA Looking at PPPs for Metro Expansion

The Los Angele Metropolitan Transportation Authority (Metro) is considering various financing options, including public-private partnerships (PPPs), in an effort to close major funding gaps as the city looks to expand its rail transit network ahead of the 2028 Olympic Games.

Wabtec Acquires RELCO Locomotives

Wabtec Corp. has acquired RELCO Locomotives for $29 million, on a cash- and debt-free basis. All conditions for the acquisition are complete and the transaction will be accretive in year one. RELCO’s projected sales for 2019 are roughly $50 million.