With New Jersey Governor Chris Christie mired in scandal after disclosures that his aides may have engineered a George Washington Bridge traffic jam as political payback, New York Governor Andrew Cuomo is taking a bigger role at the agency at the controversy’s heart.
If the first segment of Manhattan’s Second Avenue subway opens on schedule in 2016, New Yorkers will be reminded that it was once “the line that time forgot” -- a project more than 75 years in the making, with no end in sight. It should be remembered for another failing as well: It will be one of the most expensive subways in the world.
Abu Dhabi’s Union Railway Co., which plans to link the United Arab Emirates via cargo and passenger trains, awarded project management and engineering contracts, Chief Executive Officer Richard Bowker said.
Balfour Beatty Plc , Britain’s biggest building company, is seeking takeover targets for its Parsons Brinckerhoff unit to broaden the reach of the New York- based project-manager, Chief Executive Officer Ian Tyler said.
Amtrak, the U.S. long-distance passenger railroad, is turning its sights from private investors toward governments to fund the beginning of a $151 billion plan for bullet trains between Northeast cities by 2040.
A $1.5 billion cut in high-speed rail funding, highlighted by Republican leaders in their budget deal with the White House, won’t affect existing projects, said Brie Sachse, a Federal Railroad Administration spokeswoman.
Lobbyists representing interests more than a thousand miles from Hurricane Sandy’s landfall competed with East Coast beach towns and utilities when U.S. lawmakers drafted their storm-relief legislation.