Siemens (SI) said a Siemens-led consortium signed a contract with the Port Authority Trans-Hudson, or PATH, to modernize and automate the rail system connecting New York and New Jersey. This project will increase the passenger capacity from 240 thousand passengers to 290 thousand passengers per day.
By implementing a new Communication-based Train Control to the PATH rail system the intervals between the trains will be reduced and more trains can use the same track. The total contract volume is EUR 224 million, or US$321 million, and the project is due to be completed in 2017.
The implementation of the new CBTC will also enhance the system's throughput to meet future peak time demands, in addition to increasing safety and reliability while reducing ongoing maintenance costs. In addition to this increase in capacity, a new Siemens-provided train supervision system will help PATH operate more efficiently and know exactly where each train is located in the rail network.
The consortium, led by the Siemens Mobility Division includes Invensys Rail Corp and D/A Builders, LLC, a joint venture between Daidone Electric of Newark, New Jersey and Aldridge Electric of Libertyville, Illinois.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.