Citing the successful re-introduction of light rail transit to cities nationwide, Connecticut Transportation Commissioner Joseph Marie has called for the Nutmeg State to invest in LRT to keep the state economically competitive.
Facing $45 million in service cuts targeted for light rail and bus operations by March 30, St. Louis officials are seeking ways to apply $12 million in federal stimulus funds to blunt the budget knife. The $12 million, if able to be applied to operations, “means that close to a quarter of the deficit will be resolved if this switch goes through, and that’s going to go to restoring service,” said D.J. Wilson, a spokesman for East West Gateway Council of Governments, in St. Louis.
Austin, Tex.’s Capital Metropolitan Transportation Authority says testing and training for its 32-mile passenger rail line is behind schedule, and could further delay the route’s operational debut, currently set for March 30.
Portec RailProducts, Inc. Thursday said its unaudited fourth-quarter net income was $1.5 million, or 16 cents a share, up 32% from $1.15 million in the fourth quarter of 2007. The company also
The Surface Transportation Board has reversed a prior decision in longstanding litigation between BNSF Railway and Western Fuels/Laramie River, ruling that BNSF’s rates for a short-haul coal movement out of the Powder River Basin are unreasonable. The ruling reversed a fall 2007 decision in which STB determined that the rates were reasonable. Western Fuels originally challenged the rate reasonableness in 2004 for a coal move BNSF has termed “unusual.”
10EastCorp. announced Wednesday that both the Indiana Harbor Belt Railroad and the Belt Railway Company of Chicago have chosen the company’s RailDOCSTM Preventive Maintenance Management System (PMMS) in support of preventive maintenance and government compliance logistics for their signal requirements. This includes the Tests & Inspections System and the Configuration Management System.
House Democrats Thursday demanded time to review the $789 billion economic stimulus bill crafted by congressional conference committee, but most political analysts still expected both the House of Representatives and theSenate to approve the measure. Should the package hold until President Obama signs it into law, freight and passenger railroads could benefit significantly.
The U.S. House and Senate have passed two different versions of aneconomic stimulus package, and a House-Senate Conference Committee is currently in the process of combining both into a single bill that both houses can pass, and send to President Obama for his signature. Both bills contain provisions for the rail industry.
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