OFF Track Maintenance

Metro-North assessing damage to Port Jervis line

A team of engineers hired by New York’s Metropolitan Transportation Authority Metro-North Railroad is inspecting and assessing the catastrophic flood damage to the Port Jervis Line. Meanwhile buses are providing alternative service for the 2,300 people who normally use the line each weekday.

New York’s MTA reopens Cortlandt Street southbound platform

The Metropolitan Transportation Authority reopened the downtown side of the Cortlandt Street R subway station on September 6, in time for the tenth anniversary of the 9/11 terrorist attack. MTA Chairman and CEO Jay Walder was joined by Congressman Jerrold Nadler, State Assembly Speaker Sheldon Silver, State Senator Daniel Squadron, Manhattan Borough President Scott Stringer and NYC Councilmember Margaret Chin to celebrate the occasion.

L.B. Foster extends tender offer for Portec Rail Products

L.B. Foster Company said it is extending its previously announced cash tender offer, through its wholly-owned subsidiary Foster Thomas Company, for all outstanding shares of common stock of Portec Rail Products, Inc., until 12:00 midnight, New York City time, on August 30, 2010. The tender offer was previously set to expire at midnight, New York City time on August 16, 2010.


CTA continues to add ATM machines across the system

The Chicago Transit Board approved a revenue-generating contract to place additional Automated Teller Machines (ATMs) at rail stations and employee facilities. The ATM contract will generate a total of at least $1.3 million over the next five years. This is in addition to the $4.7 million contract announced at last month’s Board meeting.