Rail Industry News

Amtrak FY15 Budget Request to Congress Seeks Increased Investment in Passenger Rail

On March 18, 2014 Amtrak issued its FY 2015 budget request to Congress. Seeking an increase in federal passenger rail investment, Amtrak warns that continuation of current funding levels leave Northeast Corridor infrastructure vulnerable to a bigger, costlier and far more damaging failure that anything yet seen.

The reasons behind the increased budget request include infrastructure deterioration, changes in business practices, and increased ridership.

Use of Public Transit in U.S. Reaches Highest Level Since 1956

Highlights of the APTA 2013 Ridership Report

March 10, 2014 - APTA published its complete 2013 Ridership Report which showed the highest annual public transit ridership numbers in 57 years. With a total of 10.7 billion trips taken on public transportation in 2013, this was the eighth year in a row that more than 10 billion trips were taken on public transportation systems nationwide.

The rail ridership highlights include ridership increases of 2.8% across the country on heavy rail, 2.1% on commuter rail, and 1.6% on light rail systems.


Notice of Funding Availability

March 4, 2013 - The US Department of Transportation announced the availability of funding and requests proposals for the National Infrastructure Investments Program known as TIGER.

Report Highlights Transportation Infrastructure Deficit

USDOT notes investment gains and work to be done

March 3, 2014 - The USDOT Fast Lane Blog looks over the recent FHWA Report to Congress on the conditions and performance of the nation's highways, bridges, and transit system; and notes the improvements from investments as well as the work still to be done.

Move More Freight by Rail and Less by Road, Trains are More Efficient

From an article which appeared in the Washington Post on March 3

In February, President Obama announced an initiative to improve the fuel efficiency of trucks. That’s a lofty goal, but here’s an even better idea: Let’s make an effort to move more freight by rail and less by road. Trains are far more energy-efficient than trucks — and they always will be.

Freight Rail Constituents Form Coalition to Bolster Great Northern Corridor

February 5, 2014 - Government and port representatives from seven states and other freight-rail constituents have formed the Great Northern Corridor Coalition to promote regional cooperation, planning and shared project implementation to improve freight-rail movements from the Pacific Northwest to Wisconsin.

All Aboard: Why America's Second Rail Boom Has Plenty Of Room To Run

An excerpt from the story which appears in the February 10, 2014 issue of Forbes

On an overcast Tuesday morning in dusty North Platte, Nebr., Tony Orr stands at the center of the world’s largest freight rail yard, watching as billions of dollars’ worth of commodities and goods roll by. He’s the general superintendent of Union Pacific’s Bailey Yard–at 2,850 acres, it’s three times the size of New York’s Central Park and handles 10,000 train cars per day on 315 miles of track.

Amtrak Sets Ridership Record and Moves the Nation's Economy Forward

America's Railroad helps communities grow and prosper

WASHINGTON - Amtrak carried a record 31.6 million passengers in Fiscal Year 2013, delivering nationwide benefits, providing vital transportation services, advancing America's economy and demonstrating the value and convenience of the national passenger rail network.  It is the tenth ridership record in 11 years.

"Amtrak moves people, the economy and the nation forward everywhere the trains go," said President and CEO Joe Boardman.  

Amtrak Commits to End Food and Beverage Losses

WASHINGTON - Amtrak is moving forward with a plan to eliminate its food and beverage losses over five years. It builds on successful initiatives implemented since FY 2006 that have increased the cost recovery rate from 49 percent to 65 percent.

"We have made steady and consistent progress, but it is time we commit ourselves to end food and beverage losses once and for all," said President and CEO Joe Boardman. "Our plan will expand initiatives that have worked, add new elements and evolve as updated information and opportunities lead us to better solutions."

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