FASTER funds, other aid to fuel Colorado bus-transit projects

Colorado's Transportation Commission recently received $14 million in Funding Advancement for Surface Transportation & Economic Recovery (FASTER) funds for local, regional and statewide bus operations run by governments, nonprofit agencies and others. In addition, the Colorado Department of Transportation’s (CDOT) Division of Transit and Rail (DTR) has awarded $7.3 million in Federal Transit Administration funds to various agencies throughout Colorado. Read More »

Agency: Economic variables causing airlines to cut back on flight offerings

Recent variables in the economy have resulted in airlines scheduling fewer commercial flights, which impacts some airports more than others, the U.S. Government Accountability Office said on Thursday. These variables include volatile fuel prices and the recession of 2008-2009, as well as airline mergers and shifts toward business models that demonstrate capacity management.  Read More »

Much Shelist represents Command Transportation in sale to Echo Global Logistics

Much Shelist represented Command Transportation, LLC, in the company’s recent sale to Echo Global Logistics.Echo acquired all of Command’s outstanding membership units for approximately $420 million.   The deal will help the companies expand their business presence, as they will become, collectively, a leading supplier of technology-enabled transportation and supply-chain management services. Read More »

Cleveland transit chief looks to D.C. for more infrastructure funds

The Greater Cleveland Regional Transit Authority (GCRTA) is among the top 20 transit systems in the country. Yet GCRTA CEO Joe Calabrese said his transit system has $135 million in backlogged infrastructure projects because of a lack of funding. And Cleveland is not alone. The U.S. transit system needs $87 billion worth of infrastructure updates, Calabrese said. Read More »

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