BERLIN, GERMANY–(Marketwired – April 15, 2013) – Rail
technology leader Bombardier Transportation announced today that it has
signed a contract with the State of Florida Department of Transportation to
provide operations and maintenance services for the Central Florida Commuter
Rail Transit project (also known as SunRail). The contract is valued at
approximately $195 million US ($199 million CAD, 149 million euro), and
includes mobilization activities followed by 10 years of service.
Bombardier’s scope of work for the SunRail commuter rail service will include
operations, dispatching, fleet maintenance, track maintenance, customer
service, station platform and facility maintenance, and material supply. The
Bombardier team will mobilize for service over the coming months and assume
its operations and maintenance responsibilities in the spring of 2014.
The fleet for the SunRail service will include 20 BOMBARDIER BiLevel commuter
rail cars that Bombardier will begin delivering this spring. Over 1,000
Bombardier BiLevel cars are already in operation across the United States and
“We are proud to be part of this very important expansion of public
transit in Central Florida, which will increase people’s mobility, provide a
regional transportation alternative to Central Florida’s congested roads, and
benefit the regional economy,” said Raymond Bachant, President,
Bombardier Transportation North America. “This new agreement confirms
Bombardier’s leadership position as a provider of passenger rail equipment and
services in North America and worldwide. Our strong services portfolio
complements our innovative products and technologies, allowing us to form a
true partnership with our customers throughout the entire product life cycle
and to ensure the highest levels of safety, customer service, on-time
performance, fleet availability and reliability.”
Bombardier has a long-standing track record of providing operations and
maintenance services to transit systems across North America including Agence
Metropolitaine de Transport in Montreal, GO Transit in Toronto, the
Massachusetts Bay Transportation Authority, New Jersey Transit, North County
Transit District in California, OC Transpo in Ottawa, the South Florida
Regional Transit Authority, the Southern California Regional Rail Authority,
and, beginning in June, the Maryland Area Regional Commuter (MARC) Train
Service. Bombardier also supports transit systems with overhaul and
refurbishment programs and material and technology solutions.
About Bombardier Transportation
Bombardier Transportation, a global leader in rail technology, offers the
broadest portfolio in the rail industry and delivers innovative products and
services that set new standards in sustainable mobility. BOMBARDIER ECO4
technologies – built on the four cornerstones of energy, efficiency, economy
and ecology – conserve energy, protect the environment and help to improve
total train performance for operators and passengers. Bombardier
Transportation is headquartered in Berlin, Germany, and has a very diverse
customer base with products or services in more than 60 countries. It has an
installed base of over 100,000 vehicles worldwide.
Bombardier is the world’s only manufacturer of both planes and trains.
Looking far ahead while delivering today, Bombardier is evolving mobility
worldwide by answering the call for more efficient, sustainable and enjoyable
transportation everywhere. Our vehicles, services and, most of all, our
employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones
Sustainability World and North America indexes. In the fiscal year ended
December 31, 2012, we posted revenues of $16.8 billion USD. News and
information are available at bombardier.com or follow us on Twitter
Note to Editors
For news releases, related material and photos, visit our media centre at www.bombardier.com/en/transportation/media-centre.
Follow Bombardier Transportation on Twitter @BombardierRail.
BOMBARDIER, BiLevel and ECO4 are trademarks of Bombardier Inc. or its
Dr. Wayne Hickory Participated in the Annual Asia Orthodontic Regional Meeting Representing Companies That Distribute Invisalign(R)
Originally posted here: Washington DC Orthodontist Attends Invisalign Summit in Macau
Sir Brian wrote his report and departed, leaving contradictions that trouble his successors. But – please – that’s not a good enough reason to abandon what looks like progress
The defamation bill, now in peril of perishing on the altar of political game-playing, isn’t perfect. But it is a huge step forward after decades of shame and legal sloth. The Leveson implementation proposals sketched in more cogently last week, with the past president of the supreme court as master of the revels, aren’t perfect, either. But it’s crazy not to embrace them and start building. Yet, seemingly, such craziness is the only show in town. For something good happening, read nothing but disappointment.
You can’t blame David Cameron for his decision to ditch the defamation bill if Labour’s wizard wheeze of stapling a Levesonian arbitration system for newspapers onto it in the Lords remains intact. The wheeze makes a cheap nonsense of a carefully pondered reform in its final stages. It’s a wrecking device. The question now, days ticking away, is what can be salvaged from the wreck.
Lord Hunt, over at what’s left of the Press Complaints Commission, is doing his best. Lord Phillips of Worth Matravers has five “foundation” companions on board to help him find ways of appointing the committee who’ll choose and shape the new press regulation body (very much on Leveson lines, with fines, standards invigilators, on-site inspections, hotlines and the rest). Hunt wants that up and running by 1 July – and then he wants to get on with the rest of his life. Enter the Phillips foundation team – Lord (Chris) Smith, a former Labour culture secretary, and Sir Simon Jenkins, an original member of the Calcutt committee, plus Whitehall mandarins, ex-ITN editors and Kavanagh of the Sun. A sensibly balanced squad.
But there’s what Hunt calls a “quagmire” growing out there. The regional press fears flocks of lawyers flying in to demand arbitration access. There’s also what you might call an accumulation of points of order – details where Lord Justice Leveson wasn’t clear or contradicted himself – that need sorting out. But heavy-duty politics and campaigning keep getting in the way, feeding the fear that nothing useful will emerge in the end.
That’s baloney. There will be much tougher press regulation in place before long. Inevitably, inescapably so. It’s just a question of whether it’s glumly enforced or agreed – because agreement will make it much more durable. Maybe Hunt’s edifice of rolling contracts involves too many belts and braces along a royal charter route. Maybe, ideally, you wouldn’t start from here. But (classic politics!) we are where we are. There could be a new system up and running within four months if compromise and common sense operate. There could be a Defamation Act next week if Ed Miliband so decides.
And meanwhile, to be frank, you can grow weary of the dog that doesn’t bark. Most of the angst these past few weeks has flowed from what, if anything, Leveson meant in conflicting clauses. Many of the glitches – over arbitration, for instance – are problems he left behind. Opposing sides hymn “Leveson compliance” and thus fail to meet in the middle. But what does Sir Brian himself have to say? Nothing. He wrote his report; he took his bat home. He didn’t draft a bill or create a detailed new body. He retired, unhurt. But why – if his oft-mentioned “legacy” is in doubt – can nobody ask him what he meant?
Notebooks and formaldehyde
Ask local and regional journalists and they’ll tell you the truth: journalism isn’t well-paid. But where does it sit in the third division of trades and professions? Forbes, using government statistics, has just constructed a US league table around an annual mean yearly salary of $43,640. You’ll be happy to learn that reporters, notebooks open, fit in the same category as airline stewards, marriage therapists, chefs – and embalmers. I know people keep saying papers are dying, but this is ridiculous.
Big changes to the format of two of Scotland’s biggest regional papers fail to reverse sliding sales, according to new figures.
More: Scots newspaper sales still sliding
Valencia CF, currently seventh in Spain’s top division, failed to service debt on £68m loan, which city authorities guaranteed
The local government of Valencia, one of Spain’s most cash-strapped regions and owner of several infamous public white elephants, has added a La Liga football club, Valencia, to its portfolio.
With local health and education services hit by austerity programmes, the regional government’s effective takeover of Valencia and its squad of highly paid soccer players has provoked fury. But it became inevitable after the club defaulted on interest payments on an €81m (£68m) loan which was only granted after the regional government offered to stand as guarantor. The total debt is now €86m. The acquisition presents yet another administrative headache for the regional government, whose properties include the new but unused airport of Castellon and a hospital at Lliria that it cannot afford to open.
The regional government, which has long been run by Spanish prime minister Mariano Rajoy’s People’s party (PP), part-owns two local second division clubs, Elche and Hercules, which also failed to service their debts. In all, it guaranteed football club loans of about €110m in 2009 and 2010, a time when Spain’s public finances were in deep trouble. It is unclear how the authority, which has said it will try to sell the club as soon as possible, will service the loans because its own debt has been given junk status by ratings agencies, effectively shutting it out of the markets. The money is owed to Bankia, which is owned by the Spanish state after being rescued with €20bn loaned by the eurozone’s rescue funds.”We are aware of the importance that Valencia CF has to Valencian society and we will work so that the club can go forward in the best possible fashion,” said the regional government’s deputy head, José Císcar.
There was no mention of selling stars such as striker Roberto Soldado or promising youngster Sergio Canales, part of a team that is seventh in the Spanish league. Valencia was the first region to ask for bailout money from central government in July when it required an estimated €2.5bn to help it get through 2012. It is expected to ask for more this year.Photograph: Pierre-Philippe Marcou/AFP/Getty Images
Europe’s second largest carmaker, Peugeot Citroën is being kept afloat by a series of loans from the French government
A squeeze on car sales across southern Europe hit PSA Peugeot Citroën’s global revenues last year, forcing the boss of the struggling French carmaker to admit that losses will continue to mount until at least 2015.
Peugeot recorded a 16.5% plunge in sales in 2012 following its worst European sales performance in years. A collapse in demand for new cars across Italy, Spain, Portugal and Greece sent sales into a downward spiral, according to the company’s full-year figures.
The car market in France also suffered a steep decline in 2012 with sales down 13.9% from the already low levels experienced in 2011. The company, which is Europe’s second largest carmaker, is being kept afloat by a series of multibillion euro loans from the French government, including a €7bn (£5.7bn) re-financing to bolster the unit that funds the company’s dealer network and car loans. The deal is currently under review by the EU competition commissioner.
Job cuts of 10,000 are already going ahead to reduce costs and restrict the need for further loans from president François Hollande’s cash-strapped government.
Analysts said carmakers have been battling a prolonged sales slump in Europe, where fallout from the eurozone crisis has hit consumer demand. Peugeot’s sales outside the region have not increased fast enough to compensate.
The European car market is at its lowest in nearly two decades, and Peugeot’s sales performance in the region in 2012 was the worst over the same period. The company forecast a further decline of up to 5% for the market this year.
“If this view of the world should turn out correct, we see little reason why the financial situation at PSA [Peugeot Citroën] should improve at all during the year,” Credit Suisse analyst Erich Hauser told Reuters.
The group’s global sales volume dropped to 2.97m vehicles in 2012 from 3.55m a year earlier, weighed down by a collapse in southern European demand, the company said.
“PSA Peugeot Citroën has felt the full force of the sustained decline in Europe’s automobile markets,” said brands chief Frederic Saint-Geours.
France, Spain, Italy and Portugal – the markets worst hit in Europe’s sales slump – still account for more than half of Peugeot’s regional business. Peugeot pledged to return its regional market share to 13%, after a 0.5-point slide to 12.7% last year and reiterated its goal of generating at least half of its sales outside Europe by 2015.
Mon, Dec 31, 2012 03:59 – ALJ Regional Holdings, Inc. (ALJJ: OTC Link) released their Annual Report concerning 2012 Annual Report. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=97469.
Read more from the original source: ALJ Regional Holdings, Inc. (ALJJ: OTC Link) | Annual Report