Rapid Transit

Wabtec completes GE merger, posts strong financials

Wabtec Corporation has completed its merger with GE Transportation. The combined company, which is expected to boast revenues greater than $8 billion in 2019, has a compelling growth profile—especially as market conditions improve in its industries. Wabtec announced the transaction completion at the same time as its 4Q18 and full-year 2018 financials.

Byford: Subway Action Plan and Save Safe Seconds getting results

Statistics released Feb. 22 by the New York Metropolitan Transportation Authority (MTA) show that New York City Transit (NYCT) subway performance, bolstered by the Subway Action Plan and Save Safe Seconds Campaign, “continues its months-long trend of improvement, with the best on-time performance, and the fewest number of delays, that the system has seen in four years.” However, constrained funding will limit just how far these programs will carry improvements.

Tunnel life cycle design and cost analysis

Tunnels in general represent a significant financial investment with challenging design, construction, and operational issues. Tunnels that are not adequately planned, designed, and constructed usually require more costly and extensive repairs. Tunnel Life Cycle Cost Analysis (LCCA) is a data-driven tool that provides a detailed account of the total costs of the project over its expected life.