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VDOT and Trinity Clash over Crash Tests

2015-09-21 22:30:46| Railroads - Topix.net

Trinity Industries says its observers walked out on VDOT's guardrail crash tests, last week,because the set-up was quote 'sloppy.' VDOT scheduled six tests to collect information on Trinity's controversial ET-Plus guardrails.

Tags: tests crash trinity clash

 

VDOT and Trinity Clash over Crash Tests

2015-09-21 22:30:26| Automakers - Topix.net

Trinity Industries says its observers walked out on VDOT's guardrail crash tests, last week,because the set-up was quote 'sloppy.' VDOT scheduled six tests to collect information on Trinity's controversial ET-Plus guardrails.

Tags: tests crash trinity clash

 
 

School bus crash kills 2 students in Houston

2015-09-16 21:20:00| American School & University

Bus was hit by another vehicle and went off a freeway overpass. read more

Tags: school students bus houston

 

Judge orders RBC to pay $45 million in housing crash suit

2015-09-14 05:41:18| Real Estate - Topix.net

A federal bankruptcy judge ordered a division of the Royal Bank of Canada this week to pay about $45 million in damages for undervaluing assets it seized from a now-defunct real estate firm in the 2007 housing collapse that fueled the recession. Judge George L. Russell found that RBC Capital Markets LLC extended credit to Thornburg Mortgage Inc. in 2007 based on a bid for the company's mortgage-backed securities that was lower than RBC's internal valuation when it had declared Thornburg in default several days earlier.

Tags: pay million orders housing

 

Amid Safety Fears, Feds Release Guardrail Crash Findings

2015-09-11 23:52:00| Railroads - Topix.net

The finding comes as the maker of the guardrail system, Trinity Industries, faces a federal investigation into its dealings with state and federal safety officials and is fighting a state Department of Transportation over new crash tests for the embattled guardrail system. The Federal Highway Administration and the American Association of State Highway and Transportation Officials had created a task force to investigate crashes in which vehicles hit guardrail end terminals after it was revealed in 2012 that one of the guardrail makers, Trinity, had modified one of its end terminal models, the ET-Plus, years before and failed to notify state or federal officials as required.

Tags: release safety findings crash

 

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