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Class I Railroads Target Full Positive Train Control Implementation
Tuesday, May 19, 2020 - 5:41pm | 520One hundred percent of the tracks owned by the U.S. operations of the Class I railroads have completed the advanced field testing of positive train control (PTC), a federally mandated safety technology that must be implemented on all Class I railroads, Amtrak and certain commuter rail lines by...
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PTC Reaches Agreement With SEC And Department Of Justice, Will Pay $28.2 Million In Penalties
Tuesday, February 16, 2016 - 3:39pm | 122PTC Inc (NASDAQ: PTC) announced on Tuesday that it has reached an agreement with the U.S. Securities and Exchange Commission and the U.S. Department of Justice to resolve an investigation related to expenditures of certain former employees and business partners in China between 2006 and 2011....