Jenifer Nunez, assistant editor

Jenifer Nunez, assistant editor

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The Port Authority of New York & New Jersey (PANYNJ) has proposed a 10-year, $26.7-billion Capital Plan, which will maintain and build transportation infrastructure for its airports, tunnels, bridges, ports and rail system and includes $3.3-billion for projects on the Port Authority Trans-Hudson Corp. (PATH) system.

Wednesday, 05 February 2014 15:22

BNSF plans whopping $5 billion capital program

BNSF has planned a capital commitment plan of approximately $5 billion for 2014, approximately a $1 billion increase over its 2013 capital spend.

The Port of Quincy in the state of Washington is partnering with the Great Northern Corridor Coalition to promote regional cooperation, planning and shared project implementation to improve the movement of rail freight along the Great Northern Corridor.

For the first time, New York City Transit's (NYCT) FASTRACK maintenance program came to the 2, 3 and 4 lines in Brooklyn between Crown Heights and Downtown Brooklyn.

The Sooner Subdivision rail line between Del City and Sapulpa, Okla., garnered bids from four companies interested in purchasing the line.

Tuesday, 04 February 2014 14:55

Poll says Torontonians prefer LRT to subway

According to Leger, The Research Intelligence Group, who did an independent survey recently, the majority of polled Toronto residents want to build a seven-stop light-rail transit (LRT) line in Scarborough rather than a three-stop subway extension. The poll question did mention that a subway option would mean a CA$1-billion (US$903-million) tax increase over 30 years.

Tuesday, 04 February 2014 14:53

TriMet's WES celebrates fifth anniversary

In Portland, Ore., TriMet's WES Commuter Rail celebrated its fifth anniversary with more people climbing on board than ever before. Since the line opened on February 2, 2009, riders have taken more than 1.9 million trips on WES. Ridership has climbed each year reaching more than 476,000 in 2013.

The Connecticut Department of Transportation (ConnDOT) will undertake a $10-million project to upgrade the power supply for Metro-North Railroad's New Haven Line beginning on February 3. The project will prevent the type of catastrophic power failure that occurred this past fall in Mount Vernon, N.Y.,

The Chicago Regional Transportation Authority (RTA) Board of Directors recently authorized issuance of up to $100 million of 30-year general obligation RTA bonds to finance multiple state of good repair projects to bolster the condition of the region's transit infrastructure.

"State and federal dollars are not sufficient to support our capital needs, so the RTA is using its bonding authority to keep our region in a state of good repair," said RTA Board Chairman John Gates, Jr. "Our region needs approximately $33 billion to bring the existing system to a state of good repair. The RTA is meeting a portion of the need with this bond issuance. The recent favorable reports from the three ratings services only reinforce the importance of the RTA and its ability to benefit the region in this way."

The bonding will fund projects that benefit the region's public transit riders through enhancements to Chicago Transportation Authority, Metra and Pace bus capital assets, specifically tied to state of good repair, in the categories of rolling Stock, track and structure, electric signal and communications and stations and passenger facilities

Qualifying projects would include projects that upon completion would have a useful life of at least 20 years; projects that will reduce the region's state of good repair backlog and projects that replace assets, which fall into the category of "worn" or "marginal" as identified in the Capital Asset Condition Assessment.

 

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