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Following a letter sent by Gov. Hochul and others earlier this month urging Amtrak to take action, the railroad — in consultation with the New York State Department of Transportation — has agreed to restore nearly all of the trains that had been temporarily suspended in previously announced service modifications.
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After issuing a report in August, which included details of joint efforts and progress to date, Amtrak and NJ TRANSIT released a new progress report today and discussed the recently-awarded grants for nearly $300 million in federal funding to modernize critical rail infrastructure in New Jersey.
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In her new leadership role, Schwarz is growing the firm’s presence in transit and rail markets; ensuring client success with state and local transit agencies; building relationships with consultants, industry associations, railroads, and contractors; and more.
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Metro’s combined bus and rail ridership in October reached 86% of its October 2019 pre-pandemic ridership level.
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The Red Line Extension Project’s Barrier Reduction Fund will provide funding to eligible individuals in the project area who are pursuing training and careers, even if they ultimately wind up working for employers and projects beyond CTA.
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Building on $400 million in cost savings announced in July, today’s announcement brings to $500 million the total expected annual recurring cost savings projected for 2025.
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New funding will allow 13 key infrastructure projects critical to modernizing and upgrading America’s busiest passenger rail corridor to advance.
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A proposed 40% reduction in congestion pricing tolls will save drivers up to $1,500 annually. In addition, commuters will see improved subway service, and expanded bus services.
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While this work was estimated to take approximately two years, Amtrak developed an accelerated approach that expedited the project with a combination of single and full track outages, improving work efficiencies, and reducing the duration of the project.
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Funding made possible by the Bipartisan Infrastructure Law will go to 19 projects along the Northeast Corridor as President Biden continues to advance a vison for world-class passenger rail across America.
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