If you build high-speed rail, they will come – construction workers, that is.
Passenger trains don’t operate in a vacuum. They compete for business against air and motor vehicles. The results of the competition are reflected in, and measured by, their respective market share. Automobiles win the competition for the great majority of intercity travel, even in the highest-density corridors.
Richard Anderson, Amtrak’s new President and CEO, has been bringing a “business approach” to intercity rail passenger service. Although the Northeast Corridor (NEC) has huge capital costs, Amtrak’s services in the NEC at least produce a positive operating cash flow, and state-supported services elsewhere at least break even. Anderson has correctly identified the long-distance passenger train network as a source of unfunded operating losses.
The U.S. Department of Transportation’s (U.S. DOT) Federal Transit Administration (FTA) today issued the Private Investment Project Procedures (PIPP) Final Rule that describes new procedures aimed at helping the federal government develop
OMAHA, MAY 21, RSSI PTC SEMINAR – U.S. Class I railroads have made significant progress implementing Positive Train Control, to the extent that all the requirements for the Dec. 31, 2018 interim deadline will be met, making them eligible to apply, if needed, for an extension to Dec. 31, 2020 to complete their systems.
Kimberly Slaughter, Transit/Rail Market Sector leader for HNTB Corp., has been appointed Senior Vice President of the firm. She has more than 30 years of comprehensive experience in transportation and public transit. Based in Chicago, Slaughter works with transit and rail clients throughout the U.S.
After 48 years of providing long-distance passenger train services, is Amtrak preparing to scuttle these operations and dismantle its National Network? That nightmare prospect, long desired for decades by anti-passenger-rail politicians, now seems a real and perhaps imminent possibility.
The Senate Banking, Housing and Urban Affairs Committee voted to approve the nomination of Thelma Drake as Federal Transit Administrator.
The boards of General Electric and Wabtec on May 21, 2018 approved the merger of GE Transportation with Wabtec in a deal worth $11.1 billion. The merger will make Wabtec a Fortune 500 company and a major player in the railway equipment and services market, with operations in more than 50 countries.
Lyft has been named the exclusive rideshare partner of Brightline. The partnership is the first-of-its-kind for Lyft in Florida and will launch Saturday, May 19, to coincide with the start of Brightline service to Miami.