THE City of Edmonton confirmed on November 25 that it has selected the TransEd Partners consortium as preferred bidder for the PPP contract to design, build, operate, maintain and finance the city's Valley Line LRT project.
CANADIAN pension fund Caisse de Dépôt et Placement du Québec (CDPQ) announced on November 19 that it has entered into a definitive agreement with Bombardier to acquire a 30% stake in Bombardier Transportation for $C 1.5bn ($US 1.1bn) in a deal which values the company at $C 5bn.
NORFOLK Southern (NS) has all-but rejected a $US 28.4bn takeover offer from rival Class 1 railway Canadian Pacific (CP), which was made public on November 17, calling it "low-premium" and stating that it would face difficulties securing regulatory approval.
SAN FRANCISCO Bay Area Rapid Transit (Bart) announced on November 16 that the first of 775 Fleet of the Future metro cars is nearing completion at Bombardier's Plattsburgh plant in New York state and will be dispatched by road to California next month.
MILWAUKEE City has selected Brookville Equipment to supply the first four LRVs for its new Lakefront Line and plans to exercise an option for a fifth vehicle.
SOUTHEASTERN Pennsylvania Transportation Authority (Septa) has awarded Ansaldo STS, a Hitachi Group Company, a $US 53m contract to install communications-based train control (CBTC) on the Media and Sharon Hill lines of Septa's light rail network.
THE project to develop a long-overdue new rail tunnel from New Jersey under the Hudson River to New York City took a major step forward on November 11 with the creation of a corporation within the Port Authority of New York and New Jersey to oversee the scheme.
SOUTH Eastern Pennsylvania Transportation Authority (Septa) has signed a contract with Siemens for 13 ACS-64 electric locomotives. The deal was approved as part of Septa's 2015-16 budget by the company's board in June.
CINCINNATTI Streetcar marked a milestone in the project to return trams to the city's streets on November 10, when the first of five LRVs being supplied by CAF ran under its own power for the first time on the 5.8km line.
ALL Aboard Florida, the inter-city passenger subsidiary of Florida East Coast Railway (FEC) announced on November 9 that its Miami - Fort Lauderdale - Orlando service will be branded Brightline and also revealed the first artist's impressions of the fleet of Siemens trains which will enter service when the first phase of the project is launched in mid-2017.
