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Fast Money & Foreign Objects
Report: Commuter rail shutdown could be coming
Sep 23, 2015, 1:28pm EDT
Commuter rails in New York and New Jersey, including the Metro North, could see a shutdown at the end of the year if Congress doesn't extend the deadline to install new train technology, Politico New York reports.
The Metropolitan Transportation Authority and Port Authority of New York and New Jersey sent a letter last week to the Senate's commerce committee warning of that possibility.
Enlarge
Metro North Railroad could see a shutdown by the end of the year if Congress doesn't… more
RON ANTONELLI
The shutdown would come as a result of the authorities not installing the Positive Train Control system by the Congress-mandated deadline of Dec. 31. The safety systems are designed to prevent runaway trains.
By failing to meet the deadline, the agencies would be subject to fines and employees could be found liable. The MTA and Port Authority would shut down the trains to avoid these effects.
http://www.bizjournals.com/albany/n...er-rail-shutdown-could-be-coming.html?ana=fbk
Conservative idiots

Sep 23, 2015, 1:28pm EDT
Commuter rails in New York and New Jersey, including the Metro North, could see a shutdown at the end of the year if Congress doesn't extend the deadline to install new train technology, Politico New York reports.
The Metropolitan Transportation Authority and Port Authority of New York and New Jersey sent a letter last week to the Senate's commerce committee warning of that possibility.
EnlargeMetro North Railroad could see a shutdown by the end of the year if Congress doesn't… more
RON ANTONELLI
The shutdown would come as a result of the authorities not installing the Positive Train Control system by the Congress-mandated deadline of Dec. 31. The safety systems are designed to prevent runaway trains.
By failing to meet the deadline, the agencies would be subject to fines and employees could be found liable. The MTA and Port Authority would shut down the trains to avoid these effects.
http://www.bizjournals.com/albany/n...er-rail-shutdown-could-be-coming.html?ana=fbk
Conservative idiots



