16
Oct
21:47
US allocates $197m for passenger railcar replacement
The US Department of Transportation's Federal Transit Administration (FTA) has revealed that it will provide $197 million in funding this year to replace ageing passenger railcars across the nation.
Kallanish understands that this funding is being allocated by the FTA's rail vehicle replacement program, which is set to receive $1.5 billion through 2026, as granted by the Bipartisan Infrastructure Law. The FTA's rail vehicle replacement program had…
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Very good overview of the weekly steel market.
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