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Stock impact report

Jacobs Joint Venture Named Amtrak's Delivery Partner for Frederick Douglass Tunnel Program [Yahoo! Finance]

AECOM (ACM) 
Last aecom earnings: 2/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.aecom.com/mobile.view?c=131318
Company Research Source: Yahoo! Finance
DALLAS April 8, 2024 /PRNewswire/ -- Jacobs (NYSE:J), operating under a joint venture with AECOM, was selected as Amtrak's Delivery Partner for the Frederick Douglass Tunnel program, one of the largest national transportation infrastructure investments. The joint venture team will provide program and construction management services from contract initiation through service commissioning. The Frederick Douglass Tunnel program, with an estimated construction value at $6 billion , according to Amtrak, includes two new high-capacity tunnel tubes designed for electrified passenger trains. In addition, new roadway, railroad bridges and upgraded rail systems, together with improved accessibility thanks to a new ADA-accessible West Baltimore MARC station, will transform a ten-mile section of the Northeast Corridor and deliver significant improvements to local infrastructure. "These enhancements will improve reliability, speed and safety through a critical link in the Northeast Corridor d Show less Read more
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