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BUSINESS NEWS AECOM-LED JOINT
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which is part of an array of generational federal investments in the nation’s rail infrastructure,” said Mark Southwell, chief executive of AECOM’s global Transportation business. “Our track record of success on numerous NEC bridge replacement projects prepares us to deliver safe, reliable and resilient rail connectivity that meets both current and future demands on the NEC.” The AECOM-led joint venture will utilize a multi-phased alternative delivery approach to implement project planning and oversee delivery of the upgraded and new structures. As project manager, the venture will oversee design coordination and manage interactions with railroads, utilities, and third parties. The team consists of multi-disciplinary engineers specializing in civil, geotechnical, structural, and environmental engineering. “We look forward to leveraging our extensive transportation resources, site knowledge, and experience with large-scale projects along the NEC to deliver innovative solutions that enhance rail reliability,” said Bane Gaiser, chief executive of AECOM’s U.S. East and Latin America region. “As Engineering News-Record's top Mass Transit and Rail firm, we are excited to
support Amtrak in upgrading its tracks and bridges, improving connectivity along one of the world’s busiest transportation corridors.” Funding from the Federal Railroad Administration has enabled Amtrak to advance several megaprojects along the NEC aimed at modernizing critical infrastructure, improving station facilities, and supporting future ridership growth. Among these funded projects, AECOM is involved in the Frederick Douglass Tunnel Program, the Connecticut River Bridge Replacement and the Susquehanna River Rail Bridge Project. AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. AECOM's teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024.
TO RAIL IMPROVEMENTS ALONG AMTRAK’S NORTHEAST CORRIDOR AECOM, the trusted global infrastructure leader, announced that an AECOM- led joint venture with STV has been selected by Amtrak to provide project management services for the Sawtooth Bridges Replacement Project, a key component of the Gateway Program that aims to address state of good repair needs and double passenger train capacity on the most congested 10-mile section of the Northeast Corridor. DELIVER CRITICAL The Sawtooth Bridges were originally constructed in 1907 and serve as a critical link in the NEC, supporting more than 400 daily trains operated by Amtrak and NJ TRANSIT over tracks used by NJ TRANSIT, PATH and Conrail freight trains. Their age and structural deficiencies limit train speeds to 60 mph, creating bottlenecks that impact rail operations for intercity and commuter services. The project will deliver three new bridges along a 1.9- mile corridor in Kearny, N.J., between Newark Penn Station and Secaucus Junction “We’re proud to continue our long- standing partnership with Amtrak by supporting this crucial transit upgrade,
agreements? Better know them or you risk having your line called. Are you keeping your bankers in the loop about your financial performance, good and bad? If not, you should. Bankers hate surprises. I am excited about 2025 and thrilled to be a small part of this fantastic industry. One that does more for our society perhaps than any other. Here’s to a great year ahead! Mark Zweig is Zweig Group’s chairman and founder. Contact him at mzweig@zweiggroup.com. "There is a tremendous pent-up demand for everything AEC firms do. The facts are that demand exceeds supply, and the skilled labor shortage isn’t going to change. That bodes well for our ability to have profitable businesses."
MARK ZWEIG, from page 5
you could be using to take action because of your internal processes being so cumbersome? Makes no sense to me. 6. We have to be honest with our people who want to work from home. Yes it is nice, and less time is wasted commuting, but the reality is “out of sight, out of mind” is real. Those telecommuters are not going to have the same kinds of career opportunities that those who are there in the office will have. Stop kidding yourselves and your people about this fact. Be honest. 7. Responsiveness is everything. It’s one thing you can do to distinguish yourself and your firm. Return calls and respond to emails quicker than anyone else. Does it mean you stay hooked up? Yep, it does. Can that compromise other aspects of your life? Yep, it can. Do you want to be successful? If so, pay heed to what I am saying. 8. Pay attention to your banking relationships. Do you know your primary lender personally? If not you should. Are you following all the covenants in your line of credit
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THE ZWEIG LETTER JANUARY 20, 2025, ISSUE 1569
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