Rail Industry News

Amtrak Integrates and Updates NEC and High-Speed Vision Plans

New and revised information provides input to federal NEC environmental review and planning process
Release Date: 
Jul 9 2012

July 9, 2012 Wahington DC - A new report issued today by Amtrak summarizes and updates the ongoing planning efforts to expand capacity on the Northeast Corridor (NEC) rail network to accommodate more trains operating at faster speeds with significantly reduced trip-times and improved service reliability while also developing 220 mph (354 kph) next generation high-speed rail (NextGen HSR).

APTA Study Reveals Public Transportation Ridership Use Surged in First Quarter 2012

Nationwide Increase of 5.0% with Nearly 2.7 Billion Trips Taken
Release Date: 
Jun 4 2012

May 18, 2012 - A report released today by the American Public Transportation Association (APTA) showed public transportation ridership increased by 5% over the first quarter of last year with nearly 2.7 billion trips. This was the fifth consecutive quarter of U.S. public transit ridership increase, as 125.7 million more trips were taken than the first quarter of 2011.  

Amtrak On Pace to Set New Ridership Record

Release Date: 
Apr 12 2012

April 11, 2012 Washington DC - Amtrak is on pace to set another new annual ridership record as passenger counts across its national network for the first six months of fiscal year 2012 (October 2011 - March 2012) are up 3.7 percent over the same period last year when the current record was established. 

California High-Speed Rail Authority Publishes Revised Business Plan

Release Date: 
Apr 3 2012

April 2, 2012

FRESNO - The California High-Speed Rail Authority today released a revised Business Plan to launch the nation's first high-speed rail service-capable of traveling 220 miles-per-hour from Merced to the San Fernando Valley-within ten years.

Treasury Report: Now is the Key Time to Invest in Infrastructure

Release Date: 
Mar 27 2012

March 23, 2012 WASHINGTON DC - A new report released today by the U.S. Department of Treasury with the Council of Economic Advisers finds that now is the key time to invest in infrastructure to create middle-class jobs, increase our long-term competiveness, and support a more secure energy future. The President's all-of-the-above strategy for American energy and his FY2013 Budget proposes a bold plan to renew and expand America's infrastructure.

Amtrak Requests Less Federal Support for FY13

Amtrak's FY 2013 funding request reflects strong financial performance, focuses on capital projects for faster, more frequent, more reliable service.
Release Date: 
Feb 3 2012

Febnuary 3, 2012 WASHINGTON - Amtrak is requesting $450 million in federal operating support for fiscal year 2013, a lower amount than the $466 million appropriated by Congress for FY 2012. The ability to seek reduced federal operating funding results from successful and ongoing efforts by Amtrak to improve its financial performance, including increased efficiency, cost controls, and debt reduction as well as better service, record ridership and anticipated increases in revenue.

Norfolk Southern Facilitates $9.5 billion in Industrial Investment in 2011

Release Date: 
Jan 9 2012

January 9, 2012 NORFOLK, VA. - Norfolk Southern Corporation participated in the location of 73 new industries and the expansion of 27 existing industries along its rail lines in 2011.

New plants and expansions announced in 2011 represented an investment of $9.5 billion by Norfolk Southern customers and are expected to create 6,800 jobs in the railroad's territory, in future years potentially generating more than 152,000 carloads of new rail traffic annually.

Amtrak Moves Aggressive Agenda for 2012

America's Railroad® is building for the future
Release Date: 
Jan 11 2012

January 11, 2012 WASHINGTON - With demand for intercity passenger rail service on the rise as demonstrated by yet another year of record ridership, Amtrak is moving forward with an aggressive agenda fo

White House Infrastructure Report

Release Date: 
Nov 11 2011

November 2011 WASHINGTON DC - Investments in transportation infrastructure have substantial economic benefits, in both the short and the long run. Evidence of these benefits is clearly visible in many of the infrastructure projects that have recently been completed throughout the country.  

This report from the White House outlines recent examples of the economic benefits from investing in infrastructure. 

Inbound Logistics Magazine Highlights Freight Rail Investment and Growing Intermodal Transportation

Improving Rail Infrastructure: On the Right Track
Release Date: 
Oct 27 2011

October 2011 - As railroads continue to ramp up capital spending on infrastructure and equipment, intermodal services have been significant beneficiaries, leading more shippers—and motor carriers—to adopt multimodal approaches.

Syndicate content