Initial joint venture equity ownership will be GATX (30%) and Brookfield Infrastructure (70%), with GATX having the option to acquire 100% of the joint venture equity over time. Additionally, ...

(This story has been updated with the joint statement from U.S. Senators Alex Padilla and Adam Schiff) California's high-speed rail project risks losing $4 billion in federal funding after a probe ...

These systems are being customised and produced at Knorr-Bremse’s facilities in Suzhou and its joint venture with CRRC in Nankou, Beijing. Knorr-Bremse executive board member Dr Nicolas Lange said: ...

The state’s rail authority said California intends to keep the project moving forward. By Jill Cowan Reporting from Los Angeles The Trump administration said it would pull roughly $4 billion in ...

FRESNO, Calif. -- The U.S. Department of Transportation says it plans to revoke $4 billion in federal funding for California's high-speed rail project, citing what it calls "no viable path forward ...

A joint stock limited structure lets a company issue and transfer shares, allowing it to raise more capital as it scales up its operations. Advertisement. Robotics. Tech Tech Trends.

Rail firms are taking "disproportionate action" against some passengers without valid tickets, a watchdog has warned in a new report. The report, following an inquiry by the Office of Rail and ...

GATX has entered a definitive agreement to purchase around 105,000 railcars from Wells Fargo for $4.4bn via its newly-established joint venture (JV) with Brookfield Infrastructure Partners and its ...

The Trump administration has notified California officials that federal funding for the state’s high-speed rail project is at risk of being pulled after a four-month review concluding that th… ...

WASHINGTON, June 4 (Reuters) - The Trump administration said there is no viable path forward for California's High-Speed Rail project and warned it may rescind $4 billion in government funding in ...

Transportation Secretary Sean Duffy is threatening to pull federal funding on California's long-troubled high-speed rail project after a scathing report found a myriad of problems, including ...

Earlier this year, there was some buzz about joint practices between the Chargers and Saints before the two teams linked up in Week 1 of the preseason on August 10. But that idea has had ice-cold ...