A $226 million contract to build 32 higher speed diesel locomotives, capable of reaching 125 mph, was awarded to the team of the German conglomerate, Siemens AG and Indiana-based engine maker Cummins, Inc over Peoria, Ill. based Caterpillar, Inc.
Mar 4, 2014 The Wall Street Journal - Business
New Jersey Transit has broken ground on what may be the nation's most costly transit project: a commuter rail tunnel under the Hudson River to a new Penn Station Expansion that, to the chagrin of transit advocates, will not connect to Penn Station.
Jun 15, 2009 The New York Times - N.Y. / Region
It was hailed as the solution to America's infrastructure spending deficit, but the influx of private funds has come to halt along with the failure of banks and the huge investment from the Recovery Act. Plus, many schemes aroused taxpayers wrath.
Jun 8, 2009 The New York Times - Economy
The transportation reauthorization bill will be hotly debated this fall on at least two fronts - finding a sustainable funding source and apportioning the revenues. The 18.4 cent gas tax, its funding source, declined 33% due to inflation since 1993.
Jun 8, 2009 The New York Times - U.S.
Notwithstanding a $24.3 billion state budget deficit, CA is well-positioned to receive at least 10% of the Recovery Act funding for high speed rail, says Biden. Two corridors in southern and northern CA have been identified for funding.
Jun 7, 2009 Los Angeles Times Blog
Regional bus service will commence for the first time between Miami and Broward County with the completion of the I-95 Express (HOT) Lanes. Recovery Act funds provided for new diesel-hybrid and articulated buses, GPS and shelters.
May 14, 2009 Miami Herald