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Appeals court affirms Virgin Trains’ right to use private activity bonds NEWSWIRE
Florida East Coast’s single-track right-of-way through downtown Melbourne, Fla., shown in 2014, is being converted to two tracks to support Virgin Trains USA passenger service. An appeals court decision has upheld Virgin Trains’ right to use private activity bonds as part of the funding package for that project. Bob Johnston WASHINGTON — The U.S. Court […]
CP completes acquisition of Central Maine & Quebec NEWSWIRE
Canadian Pacific has completed its acquisition of the Central Maine & Quebec as of Dec. 30. Scott A. Hartley BANGOR, Maine — Canadian Pacific Railway has announced it completed acquisition of the Central Maine & Quebec Railway on Dec. 30. While the regional railroad is now owned by the CP, the deal still needs to be […]
Mobile likely to delay decision on Amtrak funding NEWSWIRE
MOBILE, Ala. — The Mobile City Council, which had been expected to vote today on funding to support the return of Amtrak service to the city, is now likely to delay that decision. AL.com reports that the vote is likely to be delayed because council members learned a deadline to submit matching funds for a […]
