The Federal Railroad Administration (FRA) does not believe removing one live body from the locomotive will create a higher risk for casualties. The Administration has decided to withdrawal a rule that would require two-member crews, and the White House has banned states from requiring such a standard. Currently at least nine states require a two-man crew. In pulling the rule, the FRA said “no regulation of train crew staffing is necessary or appropriate for railroad operation

INDIANAPOLIS — The nation needs an even larger infrastructure bill than the one proposed by President Donald Trump, an Indiana senator told an audience at the National Accounting and Finance Council’s 2019 annual conference. U.S. Sen. Mike Braun (R-Ind.), a former trucking company founder and CEO, said he envisions an infrastructure bill of between $3 trillion to $4 trillion, spent over 10 to 15 years. Trump has championed a $2 trillion proposal to fix U.S. infrastructure. It

Julio Garcia said most investors are using commingled funds. Relatively new as an institutional asset class in the U.S., infrastructure is one of the fastest growing real asset classes in North America, albeit from a small base, industry insiders say. Infrastructure, along with energy, exhibited the most growth of any private asset class among the largest 200 U.S. defined benefit plans in the year ended Sept. 30, according to Pensions & Investments' annual survey. This trend

At the ITS America Annual Meeting (June 4-7), leaders convened to share their knowledge at the State Department of Transportation (DOT) roundtable. The first half of the discussion focused on mobility-on-demand and how it can successfully be implemented into towns and cities. “For the past 100 years, transportation has traditionally revolved around roads and bridges, and how vehicles interact with them,” said Shailen Bhatt, president of ITS America. “The Mobility On Demand Al

President Donald Trump signed into law H.R. 2157 – the “Additional Supplemental Appropriations for Disaster Relief Act of 2019” – on June 6 that provides $19.1 billion to cover recovery and other costsassociated with a series of catastrophic disasters that have struck the United States over the past three years. [Official White House photo above by Shealah Craighead.] That money includes $3.3 billion in funds for the Army Corps of Engineers to repair damages caused by natural

By a vote of 29 to 21, the House of Representatives Committee on Appropriations formally approved a fiscal year 2020 Transportation, Housing and Urban Development, and Related Agencies or THUD funding bill that would provide the U.S. Department of Transportation with a total budget of $86.6 billion; roughly $167 million above the amount enacted for fiscal year 2019 and $3.7 billion above the amount request in President Trump’s budget proposal issued back in March. “This year’

Hyperloop is one of the most exciting innovations in recent years and has the potential to revolutionize world trade and logistics. It can travel at approximately 700 miles per hour and a recent Hyperloop project between the Indian cities of Mumbai and Pune could cut a three-hour journey to 30 minutes. With this promise arises many questions, such as how much energy will it use, what can it carry and is it a truly viable alternative to traditional modes of cargo transport? In