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Philippines: World Bank clears $141M loan to finance Cebu bus rapid transit

2014-09-27 03:11:00| Climate Ark Climate Change & Global Warming Newsfeed

InterAksyon: The World Bank has approved a $141 million loan to fund the construction of the Philippines' first bus rapid transit (BRT). The financial package -- $116 million of which would come from the World Bank and another $25 million from the Clean Technology Fund (CTF) -- will help finance the construction of a 23-kilometer BRT system along a major transport corridor in Cebu City. The Philippine government will provide counterpart financing amounting to $87.5 million. The corridor runs from Bulacao...

Tags: world finance bank bus

 

Enhancement, expansion of transit system

2014-09-25 10:43:11| Railroads - Topix.net

The Metropolitan Transportation Authority adopted a new five-year, $32 billion capital plan Wednesday and turned to Albany to cover a $15.2 billion shortfall in funding it.

Tags: system expansion transit enhancement

 
 

NJ Transit Northeast Corridor service resumes after removal of suspicious package

2014-09-23 19:39:52| Railroads - Topix.net

New Jersey Transit reports that Northeast Corridor service has resumed in both directions between Trenton and New York's Penn Station. The service had been suspended around 10:40 a.m. Tuesday due to a suspicious package found on an Amtrak train in New Brunswick.

Tags: service package removal transit

 

Foothill Transit launching fully fast-charging electric bus line

2014-09-23 13:30:46| Green Car Congress

Tags: line fully bus electric

 

Westport to unveil 2015 natural gas Ford Transit with 3.6L V-6

2014-09-23 13:30:46| Green Car Congress

Tags: natural gas ford transit

 

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