Commuter operator Metra says it is considering the rarely used option of outside financing to address its increasingly urgent need to replace aging bridges. Metra owns 446 of the 926 bridges on its ...
Metra may leverage low-interest federal loans to replace or repair some of its oldest bridges. At a Wednesday meeting, board ...
The commuter rail agency is seeking $230 million from the federal Railroad Rehabilitation & Improvement Financing program to pay for replacing 17 bridges in the Chicago area.
The clock is ticking for transit agencies facing a crater-sized budget hole, Metra Executive Director Jim Derwinski warned at ...