Jenifer Nunez, assistant editor

Jenifer Nunez, assistant editor

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Wednesday, 03 December 2014 13:52

PANYNJ releases proposed 2015 capex budget

The Port Authority of New York and New Jersey released its proposed $2.9-billion Operating Budget and $3.6-billion Capital Budget. Combined, together with debt service, the proposed agency budget for 2015 totals $7.8 billion in proposed spending.

Indiana Rail Road (INRD) Founder, President and Chief Executive Officer Thomas Hoback will retire, effective June 30, 2015, from the helm of the railroad he has rebuilt from a broken-down branch line into a thriving regional railroad.

The Alabama State Port Authority contracted R.T. Milord Company to develop Phase I of the Garrows Bend Intermodal Container Transfer Facility (ICTF) at the Port of Mobile (Alabama).

Beginning on December 4, Port Authority Transit Corporation (PATCO) trains will be operating on a revised schedule as contractors begin work on the next phase of the Ben Franklin Bridge rehabilitation project, which connects Philadelphia, Pa., and Camden, N.J. The new schedule will affect service between midday Thursday and early Monday morning and will remain in effect until early February 2015.

The California Department of Transportation (Caltrans) awarded approximately $560 million to 77 transportation projects including light-rail projects throughout the state.

M-1 Rail completed its first phase of construction between Campus Martius Park and Grand Circus Park in downtown Detroit.

Through its updated Watchlist for 2014, the Transportation Safety Board of Canada (TSB) is raising awareness about the safety issues that pose the greatest risk to Canada's marine, rail and air transportation sectors.

Sound Transit released its final Supplemental Environmental Impact Statement (SEIS) that will inform upcoming actions by the Sound Transit Board to update the regional transit Long-Range Plan and develop the next phase of transit investments for the region.

Trimble has acquired Nexala, a provider of enterprise solutions for the rail industry, headquartered in Dublin, Ireland.

The U.S. Department of Transportation's Federal Railroad Administration (FRA) has issued a safety advisory to the rail industry to better protect rail employees working on rights-of-way under the supervision of a dispatcher.

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