Phoenix votes to decide city’s light rail legacy NEWSWIRE

Phoenixlightrail

Phoenix Valley Metro crosses Tempe Town Lake on the Salt River in January 2009. Mike Schaller PHOENIX, Ariz. – Voters in Phoenix will decide whether they will have a future light rail network or any other passenger rail service at all. Proposition 105 would, if passed in an Aug. 27 election, amend the city charter […]

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Bombardier stock drops on lowered earning forecast NEWSWIRE

Bombardier

MONTREAL — Bombardier Inc. reported a quarterly loss and lowered its earnings forecast for the year in a conference call with Wall Street analysts on Thursday. In reaction, the company’s stocks declined by 18% on the Canadian market, Reuters reports. President and CEO Alain Bellemare said the company would spend an additional $250 million to […]

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Ontario government may sell naming rights to GO Transit stations NEWSWIRE

GOLogo

TORONTO — The government of Ontario is exploring the possibility of selling naming rights to stations, parking lots, and even restrooms on the GO Transit system to increase income for Metrolinx, the province’s transit operator. Globalnews.ca reports that Transportation Minister Carolina Mulroney announced the concept Thursday, saying it could help keep fares low. Government estimates […]

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Maryland withholding funds from DC Metro in ongoing dispute NEWSWIRE

WMATA

WASHINGTON — Maryland is withholding $56 million for the Washington Metropolitan Area Transit Authority in an ongoing funding dispute, the Washington Post reports. DC Metro General Manager has sent Maryland officials a letter asking them to release the funds, saying the agency’s credit rating could be damaged. The money was supposed to be released July […]

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