Being named to the Washington State DES contract is a significant milestone for ENC and a testament to the strength of our product portfolio. This contract gives transit agencies across the region a streamlined path to American-made, Altoona-tested heavy-duty buses in every major propulsion category.
While dozens of other countries have delivered fast, modern train networks, we are stuck with a skeletal system built largely on slow, 19th-century alignments. Even developing nations are passing us by. There is growing recognition at the federal level that things need to change, but substantial and comprehensive reform would require an act of Congress.
The railroad industry is a logistics artery, but the companies supplying the equipment that moves freight are where the real money gets made. Locomotives, railcars, tank cars, and digital rail systems are the picks and shovels of modern logistics. These companies capture recurring revenue from manufacturing, leasing, and maintenance contracts, benefiting from regulatory replacement cycles, nearshoring tailwinds, and the simple reality that freight must move.
The Bay Wheels bikeshare program, operated by Lyft, expands into East San Jose this summer. This move links areas like Mayfair and Alum Rock to Downtown San Jose and the Berryessa BART Station, creating seamless routes for work, school, or leisure. Eligible residents can access an annual membership for just $5, with each ride costing $1, making it a practical choice for short trips that also encourage outdoor activity and reduce traffic congestion.
The San Diego Metropolitan Transit System faces a roughly $500 million funding gap over the next four years, but it's not due to diminishing services. Regional riders are enthusiastic about the transit system - it has one of the fastest growing riderships in the country and ranks third for the number of passenger trips and passenger miles in California. However, like other major transit agencies such as BART, the MTS kept things moving after the pandemic through one-time emergency funds from federal and state subsidies.