NEWS AND INFORMATION ON PUBLIC POLICY AND RAIL SERVICE

for the NORTH CENTRAL TEXAS (DFW REGION) of TEXAS

Saturday, January 19, 2008

European rail logistics firm buys Texas Railcar Leasing Co. (TRLX)

ProgressiveRailroading.com news
Updates from Texas Railcar Leasing, Alstom, TÜVRheinland, David J. Joseph Co. and Brookville Equipment
Rail industry suppliers and service providers continue to be active in the United States and abroad:

• European rail logistics firm VTG Aktiengesellschaft has acquired Texas Railcar Leasing Co. (TRLX), which leases rail cars to railroads and shippers in the United States, Mexico and Canada. Investment bank Citi Capital Strategies served as financial advisor to TRLX. Terms weren't disclosed. VTG Aktiengesellschaft, which currently manages a fleet of 48,200 rail cars, plans to acquire additional cars.

Friday, January 18, 2008

Transit authority to spend $51,000 to repair faulty signs

By GORDON DICKSON - Star-Telegram Staff Writer - Jan. 18, 2008
At every train station in Tarrant County, electronic message boards hang from the platform ceilings. The signs are supposed to project helpful messages to Trinity Railway Express riders, such as "The next eastbound TRE will depart in 11 minutes."

But the signs have been dark for most of the past year because of mechanical problems, Fort Worth Transportation Authority finance officer Rob Harmon said.

On Thursday, the T board agreed to spend $51,215 to repair the signs over several months. The work will be performed by Inova Solutions, the only company to submit a bid.

Even without the signs, passengers can still check times the old-fashioned way: by consulting print schedules posted at each station.

The signs look fancy but don't actually track the precise location of trains, Harmon said.

That may change in the next year or two. Dallas Area Rapid Transit intends to install a more sophisticated passenger information system, which would use sensors to precisely monitor trains in Dallas County, Harmon said. Once that system is up and running, the T likely will tap into it on the Tarrant County side, he said.

Also at the meeting

In other action Thursday, the T board:

Hired Freese and Nichols to design the location of a second track at Richland Hills Station. An extra track stretching a half-mile in each direction from the station would allow faster, more frequent train service. The design will cost at least $129,000.

Discussed a potential First Amendment lawsuit in closed session but took no action. Last month, a passenger complained she was escorted off a bus for reading the Bible to her children. T officials said it was the volume of her voice, not the subject matter, that caused the problem.

ACTION ALERT: Tx House Committee on Transportation Public Hearing on role of MPO and Rural Planning Authorities within COGs

Texas House of Represenatives Meeting Notice - Jan. 18, 2008
TEXAS HOUSE OF REPRESENTATIVES NOTICE OF PUBLIC HEARING

COMMITTEE: Transportation

SUBCOMMITTEE: Planning Authorities

TIME & DATE: 10:00 AM, Wednesday, February 06, 2008

PLACE: E2.012

CHAIR: Rep. Fred Hill

The Subcommittee will meet to consider the following:

Charge #5: Examine the role of metropolitan planning authorities in state law, as well as the creation of rural planning authorities to address the planning needs outside of metropolitan planning organizations but within council of government boundaries.