July 17, 2017 – As noted in last week’s ETW, Amtrak has released its own five-year business plan and financial forecast. The original version of the plan (preserved here for posterity) had inaccurate tables in the back of the report relating to route-by-route ridership and financial forecasts. Amtrak has now released a corrected version of the document.
Eno Transportation Weekly
July 20, 2017 – Amtrak submitted its fiscal 2018 budget request to Congress on May 31, but did not get around to publishing its full financial plan to accompany the budget request until late last week.
July 13, 2017 – On July 7, the Federal Railroad Administration finalized a program to allow private bidders to take over some Amtrak long-distance routes.
July 7, 2017- The U.S. Department of Transportation withdrew from formal participation in the Gateway Development Program as a new cost estimate for centerpiece of the program raised the total program cost to near $30 billion.
July 1, 2017 – Late yesterday afternoon, the U.S. Department of Transportation notified the Gateway Program Development Corporation that USDOT is permanently withdrawing from the corporation’s Board of Trustees.
June 29, 2017 – On June 22, the Subcommittee on Railroads, Pipelines, and Hazardous Materials of the House Transportation and Infrastructure Committee (T&I) held a hearing to review the state of intercity passenger rail in the U.S.
June 30, 2017 – The Gateway Program is a $24 billion portfolio of rail projects in New York and New Jersey, centered around a new tunnel between Secaucus Junction and Penn Station.
June 9, 2017 – Amtrak submitted its own budget request for fiscal 2018 on May 31, asking for $840 million more than the White House requested on its behalf and also requesting a new kind of advance funding for 2019 and 2020.
May 25, 2017 – The FY 2018 budget request from the Trump Administration calls for steep cuts in federal grants to Amtrak, with the intent to eliminate federal support for Amtrak’s long-distance routes. The budget would also reduce support for new intercity rail grant programs created by the FAST Act of 2015 below levels appropriated earlier this month in the 2017 omnibus appropriations law.
April 14, 2017 – A significant part of President Trump’s transportation budget request is to put and end to some of the last remaining legacies of the days of regulated air and train fares and routes.
March 9, 2017 – President Trump has announced he will nominate former U.S. Department of Transportation General Counsel Jeffrey A. Rosen to serve as Deputy Secretary of Transportation, while Derek Kan is rumored to have the inside track for Under Secretary of Transportation for Policy.
February 24, 2017 – On February 15, the Senate Commerce, Science, and Transportation Committee held a hearing entitled Moving America: Stakeholder Perspectives on our Multimodal Transportation System.
December 7, 2016 – As the 114th Congress winds to a close at the end of this week, President Obama has submitted some last-minute nominations to the Senate relating to the railroad industry.
August 31, 2016 – Vice President Biden announced last week that the Federal Railroad Administration will loan Amtrak $2.45 billion to purchase 28 new trainsets for Northeast Corridor Acela service and to make upgrades to Washington Union Station, Moynihan Station New York, and other NEC facilities.
August 31, 2016 – The White House has requested that Congress include an “anomaly” in the fiscal 2017 continuing resolution (CR) that will allow Amtrak to switch over to a new budget structure on October 1.
August 24, 2016 – Amtrak announced last week that Charles “Wick” Moorman, the former CEO of Norfolk Southern, will become President and CEO of Amtrak effective September 1, 2016.
On February 23 the Surface Transportation and Merchant Marine Infrastructure, Safety, and Security subcommittee from the Senate Commerce, Science, and Transportation held a hearing discussing reforms to Amtrak’s National Network, which consists of rail lines outside of the Northeast Corridor (NEC).
January 8, 2016 – The Government Accountability Office (GAO) released a report this week exploring Amtrak’s efforts in addressing the planning, funding, and performance of their services, which was required under the Passenger Rail Investment and Improvement Act of 2008 (PRIIA). To address these requirements, Amtrak underwent a company-wide reorganization. GAO found that while there was a well-constructed framework for the proposed initiatives, the reorganization suffered from lack of prioritization for implementing the new strategic management system across remaining lines of business and departments. Inconsistent
Please see the amendments adopted in the Commerce Committee on June 25, summarized elsewhere in this issue, for changes to the provisions summarized below. TITLE I – AUTHORIZATION OF APPROPRIATIONS Sec. 101. Authorization of grants to Amtrak. Autho… This content is for Eno members only. Sign In Sign in to your Eno account below or […]
June 25, 2015 – The Senate Commerce, Science, and Transportation Committee has approved S. 1626, a bipartisan bill on railroad reform sponsored by Sen. Roger Wicker (R-MS) and Sen. Cory Booker (D-NJ), as modified by some amendments.