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Rail Insights 2017 – Conference Agenda

  June 7 & 8, 2017  |  Union League Club Chicago  |  Chicago, IL   Conference Agenda   Platinum Sponsor:  MPL Innovations   Wednesday, June 7 8:00 Registration | Continental Breakfast     9:00 Opening

NYCT Kings Highway Interlocking upgrade awarded to L.K. Comstock

The New York Metropolitan Transportation Authority has awarded a $98 million contract to RailWorks Corp. subsidiary L.K. Comstock & Company Inc., to upgrade the MTA New York City Transit Kings Highway Interlocking plant on the Culver (F) Line/IND 6th Avenue Line in Brooklyn, N.Y.

Fitch gives NYMTA high marks

Fitch Ratings has assigned an “A” rating to the New York Metropolitan Transportation Authority’s (MTA) approximately $200 million in series 2017A (Climate Bond Certified) transportation revenue bonds, and an “F1” rating to the MTA’s series 2017A transportation revenue bond anticipation notes (BANs), in an amount up to $700 million.

Second Avenue Subway open for business

New Year’s Day, 2017: Nearly 88 years after the first bond issue was floated to finance construction of a subway under Second Avenue on New York City’s East Side, the first MTA New York City Transit Q Trains began rolling between 63rd and 96th Streets on the Second Avenue Subway. Thousands attended the inauguration of service.