The November 2023 Transportation Market Recap is a recap of some of the most interesting and useful transit industry news from the previous month. It contains updates on industry drivers, notable projects, and recent mergers and acquisitions, as well as some interesting reads, and upcoming meetings and conferences.
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Our data team tracks new and updated industry drivers. Here are some recent drivers we have been following in November:
Status: Proposed
Organization: Federal Transit Administration (FTA)
Summary: On November 15, 2023, the Federal Transit Administration (FTA) issued a Notice of Proposed Rulemaking (NPRM) to update the State Safety Oversight (SSO) regulation to bolster the safety of rail transit systems across the United States. The key changes include:
Click Here for More Information
Here are some recent, notable Capital Improvement Programs (CIPs). FirmoGraphs has deconstructed the CIPs into data elements, along with available project descriptions. Please feel free to request a meeting and review the data live in our business intelligence application.
In the CIP covering the 2024-2028 fiscal years, Jackson County, Oregon, detailed plans to spend $313 million on capital projects, an increase of 71% from $183 million in its 2023-2027 CIP. The current CIP has 101 line items, compared to 91 line items in the prior CIP. The table below breaks down Jackson County’s planned capital spending by business area for its last two CIPs.
The Airport category increased largely by 333%, having 11 more projects in the recent CIP, including the Terminal Expansion – Phase 1 – Construction amounting to $114 million. On the contrary, the Roads and Parks category reduced its planned spending due to projects that will be completed in Fiscal Year 2023.
Out of 101 line items, Jackson County has one notable line item valued at over $100 million and one valued at over $10 million, both belonging to the Airport category. The largest line item is the Terminal Expansion – Phase 1 – Construction, worth $114 million. In addition, $17 million is planned for Taxiway D and the Removal of Taxiway A3 East–Construction.
Click Here to See Jackson County, Oregon, CIP
In the CIP covering the 2024-2029 fiscal years, the City of San Antonio, Texas, detailed plans to spend $4.4 billion on capital projects, an increase of 53% from nearly $2.9 billion in its 2023-2028 CIP. The current CIP has 502 line items, compared to 439 line items in the prior CIP. The table below breaks down San Antonio’s planned capital spending by business area for its last two CIPs.
The Transportation category comprises the most significant funding in the CIP, increasing by 110% due to the addition of the New Terminal Project, worth $1.4 billion. On the contrary, spending in the General Government category was reduced due to ongoing projects nearing completion. There were also 31 more projects in the previous period than in the recent period.
The City of San Antonio, Texas, has one project valued at over $1 billion and one valued at over $100 million. The largest single project is the construction of a new terminal and related facilities at the San Antonio International Airport, worth $1.4 billion, under the Transportation category. In addition, $102 million is planned for the Linear Greenway Trails to acquire and preserve open space to develop multi-use trails along San Antonio creek ways, greenways, and urban corridors under the Recreation and Culture business area.
Click Here to See San Antonio, Texas CIP
Here are some recent articles our team has been reading:
In this over-digitized age, there is no replacement for face-to-face meetings with your prospects and customers! We track meetings of interest to our customers serving the U.S. transit industry so you won’t miss upcoming meetings and deadlines. Additionally, FirmoGraphs has recently implemented a free-of-charge service for tracking notable infrastructure events.
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Name Organization |
Name Meeting Key |
Date Start |
Date End |
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American Concrete Pavement Association |
2023-12-12 |
2023-12-14 |
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Transportation Research Board |
2024-01-07 |
2024-01-11 |
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American Concrete Pavement Association |
2024-01-22 |
2024-01-25 |