Transportation
American Airlines Discloses $53 Billion Revenue in 2023
American Airlines is poised for a robust 2024 following its record-breaking 2023 revenue and achieving the lowest annual flight cancellations in a decade. In its fourth-quarter earnings report, the Fort Worth-based airline disclosed a $53 billion revenue for 2023, marking a significant step toward offsetting pandemic-induced losses as travel rebounds to pre-pandemic levels. The airline…
FTA Invites Public Comment on Proposed Transit Safety Rules
The U.S. Department of Transportation’s Federal Transit Administration (FTA) announced that it is proposing new rules to strengthen the ability of state agencies to oversee rail transit in the United States. A Notice of Proposed Rulemaking (NPRM) published would give State Safety Oversight Agencies (SSOAs) the right to inspect agencies without warning, require agencies to collect…
DFW Airport Updates Economic Impact to North Texas
Dallas Fort Worth International Airport (DFW) contributes an estimated $38 billion in direct and indirect payroll support, $24 billion in visitor spending and about $5 billion in state and local tax revenue each year, according to the results of an updated economic impact study released today during the 2023 DFW State of the Airport. The…
Governor Abbott, TxDOT Announce Record $142 Billion Transportation Investment
Governor Greg Abbott today announced a record $142 billion in total investment for Texas’ transportation infrastructure. The record investment includes the unanimous adoption of the $100 billion 10-year statewide roadway construction plan with the Texas Department of Transportation (TxDOT) for transportation projects to enhance safety, improve congestion and connectivity, and preserve Texas roadways. This is…
DFW Airport Rehabilitates Runway as Part of Maintenance and Upgrade Program
As part of its ongoing airfield capital improvement program, Dallas Fort Worth International Airport (DFW) has closed one of its east airfield runways to complete routine rehabilitation work that will replace aging infrastructure and create a more efficient operation. Runway 17R/35L closed on Aug. 15, 2023, and is scheduled to reopen in phases beginning in…
Looking at Industry Challenges, Forecasts & the Future
For solid and consistent business success in a competitive construction market, it’s vital that you remain aware of statistics and data. These recent findings highlight the state of construction around Texas and our nation, which will prove valuable in your decision-making when it comes to partnerships, certifications, and expansion efforts. Whether you are a general…
Austin Transportation News: CapMetro’s New CEO, Dottie Watkins
A familiar face is CapMetro’s new President and CEO. Dottie Watkins, a lifelong Austinite, will lead the agency following a recent vote by the Board of Directors. She had served as interim CEO since June 2022, while a nationwide search was conducted. Watkins first joined CapMetro in 1994, working as a part-time shuttle bus operator…
City of Houston Awarded Federal Safe Streets and Roads for All (SS4A) Grant for Bissonnet Corridor Project
The United States Department of Transportation recently announced the City of Houston will receive $28.79 million in federal funding through the Safe Streets and Roads for All (SS4A) grant program for the Bissonnet Corridor Safe Streets Project. The funding will support a seven-mile rehabilitation of Bissonnet Street from South Dairy Ashford Road to Hillcroft Avenue….
Perrone Robotics Contracts With Houston METRO to Provide Autonomy Retrofit for All Electric, FMVSS-, ADA-, and Buy America- Compliant Shuttle Bus
Perrone Robotics, Inc. (“Perrone”), the industry’s leading autonomous vehicle (AV) kit and turnkey AV solutions provider has contracted with Houston METRO as the awardee in provisioning autonomy for the “METRO Shuttle of the Future”. Perrone will be outfitting the Zeus 400, a mid-size body-on-chassis shuttle bus from Phoenix Motorcars. The Zeus 400 is compliant with…
Port Houston News: First Section of Houston Ship Channel Expansion Complete
The Houston Ship Channel expansion project, also known as Project 11, continues to make significant progress. Port officials announced that dredging of the first segment extending from Bolivar Roads to Redfish, known as Segment 1A, is complete. The work was completed on schedule and on budget. Project 11’s Segment 1A constitutes eleven and a half…
Doing Business With METRO: Business Opportunity Programs & Open Procurements
METRO’s Office of Economic Business Opportunity is committed to providing a variety of business enterprise programs to ensure equal opportunity, inclusion, and nondiscrimination in all its procurement and contracting matters. Read more on METRO’s Business Enterprise Programs and open procurements. Veteran Owned Business Enterprise Program To be classified as a certified Veteran Owned Business, your…
U.S. Department of Transportation Announces Approximately $20 Million Funding Opportunity to Help Communities Prosper Through Access to Transit
To create new opportunities for those experiencing poverty, the U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a new Notice of Funding Opportunity (NOFO) to help improve transit in areas experiencing long-term economic distress. The $20 million in competitive grant funding through FTA’s Areas of Persistent Poverty (AoPP) Program provides more resources to…
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