N.Y. MTA seeks $1B loan for PTC system

Published: April 24, 2015

The MTA is close to securing final federal approval of a nearly $1 billion loan to install technology on its commuter trains that could have prevented the 2013 Metro-North derailment in the Bronx in which four people died.

Positive train control technology provides a new layer of protection in case of human error, since it can automatically slow or stop a train.

Read the complete story at lohud.com.