Amtrak

AECOM-led joint venture selected as delivery partner for Frederick Douglass Tunnel Program in Baltimore

Retrieved on: 
Monday, April 8, 2024
Urban Planning, Professional Services, Architecture, Transportation, Travel, Public Transport, Construction & Property, Rail, Alternative Energy, Engineering, Energy, Green Technology, Transport, Manufacturing, Building Systems, Environment, Consulting, Frederick Douglass, Tunnel, West Baltimore station, Baltimore Penn Station, NEC, ACM, Safety, MARC, Amtrak, Rail transport

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led joint venture with Jacobs has been selected by Amtrak to serve as delivery partner for the $6 billion Frederick Douglass Tunnel Program that will upgrade a ten-mile section of the Northeast Corridor (NEC), America’s busiest passenger rail line.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led joint venture with Jacobs has been selected by Amtrak to serve as delivery partner for the $6 billion Frederick Douglass Tunnel Program that will upgrade a ten-mile section of the Northeast Corridor (NEC), America’s busiest passenger rail line.
  • The cornerstone of the program will be the delivery of the Frederick Douglass Tunnel featuring two new high-capacity tubes for electrified passenger trains.
  • The scope of services includes program management, design oversight, construction oversight, commissioning oversight, program controls, and commercial and capacity building.
  • Further updates will involve the integration of modern fire and safety systems, including emergency pathways to the surface and fire ventilation systems.

United States Construction Industry Report 2023: Market was Projected to Grow by 6.3% to Reach $1,424 Billion by the End of 2023 - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 14, 2024
Construction & Property, Other Construction & Property, CHIPS, Intel, Construction, Building material, Growth, Amazon, Environment, TSMC, Science, Commerce, The Walt Disney Company, Investment, USD, Amtrak, Government, Renewable energy

Construction industry in United States was expected to grow by 6.3% to reach USD 1,424,474 million in 2023.

Key Points: 
  • Construction industry in United States was expected to grow by 6.3% to reach USD 1,424,474 million in 2023.
  • The construction industry in United States is expected to grow steadily over the next four quarters.
  • The construction market is expected to grow at a steady pace over the next few quarters, as manufacturing returns to the United States.
  • The interest rate downcycle in the United States will also support the rise in construction material prices in H2 2024.

Vornado Realty Trust Announces Famed Avra Group Will Open a New 20,000 SF Restaurant in THE PENN DISTRICT

Retrieved on: 
Tuesday, February 20, 2024
VNO, The Dead Rabbit, Pennsylvania Station, PENN 1, Amtrak, New Yorker, Rabbit, Metro-North Railroad, Studio, Vornado Realty Trust, NJ Transit, CBRE, Retail leasing, Food, Hotel, Vornado, Long Island Rail Road, James A. Farley Building, PATH, 33rd Street, Hotel Chelsea

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan, sitting directly atop Penn Station.

Key Points: 
  • NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan, sitting directly atop Penn Station.
  • Avra Estiatorio in THE PENN DISTRICT will be reminiscent of a classic Mediterranean restaurant with an elegant design led by Rockwell Group Partner and Studio Leader Shawn Sullivan.
  • We are confident Avra will exemplify the standards of THE PENN DISTRICT through top-notch cuisine, exquisite design, and unparalleled service,” said Ed Hogan, Executive Vice President for Retail Leasing at Vornado Realty Trust.
  • The Avra Group was represented by Gary Trock at CBRE and Vornado was represented in house by Ed Hogan.

AECOM-led team selected by Amtrak to support the development of the $1.5 billion Susquehanna River Rail Bridge Project

Retrieved on: 
Tuesday, March 5, 2024
Consulting, Urban Planning, Manufacturing, Construction & Property, Professional Services, Landscape, Rail, Building Systems, Architecture, Transport, Engineering, Amtrak, Susquehanna River Bridge, DBE, SRB, Safety, Disadvantaged business enterprise, ACM, Travel, Partnership, Rail transport

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led team has been selected by Amtrak to support the development of the Susquehanna River Rail Bridge Project (SRB).

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led team has been selected by Amtrak to support the development of the Susquehanna River Rail Bridge Project (SRB).
  • The project aims to improve rail connectivity and safety along the U.S. Northeast Corridor by replacing the existing 117-year-old two-track bridge located in Maryland with two new bridges that will increase capacity and improve reliability of both freight and passenger trains.
  • “The complexity of the Susquehanna River Rail Bridge Project requires a team that connects global expertise with local perspective and brings together the right disciplines and resources,” said Bane Gaiser, chief executive of AECOM’s U.S. East and Latin America region.
  • The Company will lead a strong technical team of subconsultants, including Disadvantaged Business Enterprise firms (DBEs).

Cylus Appoints Yagi Makoto, Former General Manager of Nippon Signal, as Strategic Advisor

Retrieved on: 
Thursday, March 7, 2024
Amtrak, BNSF, Transport, SMRT Corporation, CBTC, CSX, Rail transport

NEW YORK, March 7, 2024 /PRNewswire/ -- Cylus, the leader in rail tech cybersecurity, proudly announces the company's appointment of Yagi Makoto as a new Strategic Advisor.

Key Points: 
  • NEW YORK, March 7, 2024 /PRNewswire/ -- Cylus, the leader in rail tech cybersecurity, proudly announces the company's appointment of Yagi Makoto as a new Strategic Advisor.
  • "We are thrilled to welcome Yagi Makoto to the Cylus team," said Amir Levintal, CEO and Co-founder of Cylus.
  • Yagi Makoto's career spans various roles within the rail sector, including over three decades as the General Manager of Nippon Signal.
  • With Yagi Makoto's appointment, Cylus reaffirms its commitment to providing a comprehensive approach to cybersecurity for the rail industry.

Claroty Secures $100 Million in Strategic Growth Financing

Retrieved on: 
Wednesday, March 6, 2024
Knowledge, Cloud, Schneider Electric, Amtrak, AllianceBernstein, Weizmann, CrowdStrike, Recognition, Magic Quadrant, Professional, Research, Risk management, VRM, IBM, SPARK, Operational technology, Growth, Silicon, Public sector, Rockwell Automation, ServiceNow, Software as a service, Organization, SVB, NTT Data, First Citizens BancShares, Silicon Valley Bank, Publication, CPS, Security Service, AWS

NEW YORK, March 6, 2024 /PRNewswire/ -- Claroty, the cyber-physical systems protection company, today announced it has secured $100 million in strategic growth financing. Participants include lead equity investor Delta-v Capital, as well as AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank, a division of First Citizens Bank. Combined with Claroty's existing $635 million in funding to date, this new financing further establishes the company's leadership position in the critical infrastructure cybersecurity market.

Key Points: 
  • Up-round investment to accelerate vertical and regional expansion, product innovation, and strategic partnerships
    NEW YORK, March 6, 2024 /PRNewswire/ -- Claroty , the cyber-physical systems protection company, today announced it has secured $100 million in strategic growth financing.
  • Combined with Claroty's existing $635 million in funding to date, this new financing further establishes the company's leadership position in the critical infrastructure cybersecurity market.
  • The financing comes shortly after a momentous year for Claroty, which now works with 20% of the Fortune 100.
  • "The New York Corporate Banking team is excited to support Claroty with this new strategic growth financing," said Sameer Paul, Director of Silicon Valley Bank.

Limited Amtrak Pacific Surfliner Rail Service Set to Resume Through San Clemente on Wednesday

Retrieved on: 
Wednesday, March 6, 2024
Amtrak, BNSF, Pacific Surfliner, City, Transport, OCTA, Rain, Drainage, Metrolink, Rail transport

ORANGE, Calif., March 5, 2024 /PRNewswire/ -- Amtrak Pacific Surfliner is scheduled to resume limited passenger service through San Clemente beginning Wednesday morning (March 6), as work continues to build a catchment wall at Mariposa Point to protect the rail right of way. 

Key Points: 
  • ORANGE, Calif., March 5, 2024 /PRNewswire/ -- Amtrak Pacific Surfliner is scheduled to resume limited passenger service through San Clemente beginning Wednesday morning (March 6), as work continues to build a catchment wall at Mariposa Point to protect the rail right of way.
  • With all 33 steel beams for the foundation of the wall in place and Amtrak conducting its own risk analysis, the OCTA, Metrolink and LOSSAN team have agreed that limited Pacific Surfliner service can safely resume to and from San Diego through San Clemente.
  • Southbound Pacific Surfliner trains 562 (morning) and 784 (evening), as well as northbound Pacific Surfliner trains 765 (morning) and 587 (evening), will be fully reinstated without bus connections.
  • With Pacific Surfliner providing passenger rail service to and from Oceanside, and to limit the number of trains affecting construction daily, Metrolink will not resume service through the area right now.

AECOM partnering with key clients to deliver the next generation of major U.S. rail projects

Retrieved on: 
Wednesday, February 7, 2024
Other Transport, Manufacturing, Rail, Transport, White House, Federal Government, State, Local, Urban Planning, Consulting, Building Systems, Professional Services, Logistics, Supply Chain Management, Residential Building & Real Estate, Commercial Building & Real Estate, Public Policy, Government, Construction & Property, Transportation, Public Transport, Engineering, Travel, ACM, Walking, Gateway, Baltimore Penn Station, East Side Access, CTDOT, California High-Speed Rail, City, MassTransit, Amtrak, Rail transport

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that numerous projects the company is delivering for major U.S. transportation clients have secured funding from the Federal-State Partnership for Intercity Passenger Rail Grant Program.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that numerous projects the company is delivering for major U.S. transportation clients have secured funding from the Federal-State Partnership for Intercity Passenger Rail Grant Program.
  • The program will provide approximately $16.4 billion in total funding for critical rail infrastructure along the heavily-used Northeast Corridor and nationwide.
  • With this latest round of investment, the firm continues its long track-record of supporting clients in winning and delivering key federally-funded rail projects.
  • Its current work includes California High Speed Rail, the Lyon-Turin high speed rail link, and Metro Tunnel Melbourne in Australia.

Vornado Realty Trust Names Cushman & Wakefield to Launch Leasing Program at Reinvented PENN 2 Office Tower in the Heart of Vornado’s PENN DISTRICT Campus

Retrieved on: 
Monday, January 8, 2024
Samsung, Meta, Real estate, Corporate America, Cisco, Long Island Rail Road, Cushman & Wakefield, Town, Health, Madison Square Garden, Pennsylvania Station, Heart, PATH, Amtrak, Vornado, Food, VNO, Transport, Town hall, Metro-North Railroad, NJ Transit, Morgan Stanley, Vornado Realty Trust, Self storage

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.

Key Points: 
  • NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.
  • PENN 2 has been completely transformed into a world-class office environment geared toward today’s leading companies.
  • “We are excited to partner on PENN 2 with Cushman & Wakefield to continue our momentum in the PENN DISTRICT.
  • The PENN DISTRICT campus is situated directly above North America’s most accessible and active mass transit hub.

XWELL Announces Plans to Open an XpresSpa in THE PENN DISTRICT

Retrieved on: 
Thursday, January 4, 2024
Airport, Pennsylvania Station, Heart, Amtrak, Retail leasing, Vornado, Massage, The Company, Relaxation, Vornado Realty Trust

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), an authority in wellness solutions for people on the go, today announced it signed a lease agreement with Vornado Realty Trust to open an XpresSpa location in Penn Station, located in the heart of New York’s newly revitalized PENN DISTRICT.

Key Points: 
  • NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), an authority in wellness solutions for people on the go, today announced it signed a lease agreement with Vornado Realty Trust to open an XpresSpa location in Penn Station, located in the heart of New York’s newly revitalized PENN DISTRICT.
  • “Today’s announcement marks another milestone in our strategy to reinvent XWELL as a destination for wellness, underscoring our focus on smart expansion and growing our retail revenue,” said XWELL Chief Executive Officer Scott Milford.
  • Services such as autonomous massage chairs represented nearly 10% of all XpresSpa services in 2023.
  • “We look forward to continuing to serve passengers in airports globally but recognize that people are using the rails more than ever,” added Milford.