PRIIA

A mark, a yen, a buck, a pound, money makes the world go round. (Yes, lyrics from the musical, Cabaret.) But money is a scarce commodity, especially for Amtrak, which…
After an absence of 12 years, Electro-Motive Diesel Inc. (a subsidiary of the Progress Rail Services Corp. division of Caterpillar Inc.’s Rail Division) has reentered the passenger locomotive market.
Among priorities of the House Transportation & Infrastructure Committee is reauthorization of the Passenger Rail Investment and Improvement Act of 2008 (PRIIA), portions of which are a growth hormone for…