Poll: Californians reconsider HSR support
A poll published Tuesday by the Sacramento Bee indicates declining support for California’s high speed rail proposal among the state’s citizenry, which voted to approve the attempt three years ago.
A poll published Tuesday by the Sacramento Bee indicates declining support for California’s high speed rail proposal among the state’s citizenry, which voted to approve the attempt three years ago.
The Association of American Railroads (AAR) Thursday said that Alaska Railroad Corp. (ARRC) has become its newest member.
Hedge fund Pershing Square Capital Management, led by activist investor William Ackman, said Thursday it has held “productive” discussions with Canadian Pacific Railway.
Bombardier Transportation revenue amounted to US$2.3 billion in the third quarter ended Oct. 31, compared with US$2.2 billion for the same period in the 2010 fiscal year. EBIT totaled US$172 million, compared with US$152 million a year ago, while EBIT margin increased to 74% from 7% last fiscal year. The order backlog totaled US$33 billion on Oct. 31, a level similar to Jan. 31, 2011.
Subway or surface rail? Core city growth or regional approach? Political posturing aside, Canada’s largest city is counting on passenger rail for its future health and growth.
A Hungarian-Czech joint venture Ganz-Skoda Kozlekedesi has won a tender to supply 31 streetcars to Miskolc, Hungary, according to a spokesperson for the mayor of Miskolc.
The Niagara Frontier Transportation Authority, which oversees Buffalo, N.Y.’s light rail transit line, plans to lay off almost 20% of its transit police, or about 20 officers, to cope with a $15 million deficit.
Supporters of Cincinnati’s streetcar proposal, coming off an Election Day victory fending off the proposal’s opponents, reportedly now hope to obtain $56 million in federal funds to restore the full original scope of the project.