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Newsby StaffSeptember 26, 2011

Study: U.S. high-speed rail can work, needs fresh approach

Recommends prioritizing corridors with demonstrated markets, such as the Northeast and California, and exploring alternative management and financing arrangements, including separating infrastructure development from rail operations and forming public-private partnerships.

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Newsby StaffAugust 22, 2011

FRA to fund $745M in Northeast Corridor upgrades

Will update electrical systems and tracks between Trenton, N.J. and New York City, resulting in improved on-time performance and reliability and will add routes that allow Amtrak trains to bypass the busiest passenger rail junction in the nation. The improvements will allow for the fastest passenger train speeds attained in North America to date.

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Newsby StaffJuly 12, 2011

NEC privatization plan lacks details about trackage fees

Experts and advocates say the proposal doesn't offer protection for New Jersey Transit and its sister commuter lines in the event that a private operator hikes track rates and fees, which would result in higher fares.

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Newsby StaffJune 30, 2011

Amtrak receives $563M loan for 70 Siemens trains

This is the largest loan issued through the FRA’s Railroad Rehabilitation and Improvement Financing program to date. The locomotives are more energy-efficient and will enable Amtrak to improve frequency, performance and reliability for regional and intercity routes along the Northeast and Keystone Corridors.

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Newsby StaffJune 16, 2011

Amtrak enhances security with right-of-way protection

Security countermeasures will provide additional right-of-way protections for passenger trains, particularly those operating on the Northeast Corridor. They will join existing Amtrak security efforts focusing on threats related to the use of improvised explosive devices in a station or on a train, or an active shooter scenario.

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Newsby StaffJune 15, 2011

Congressmen unveil new high-speed, intercity rail plan

The Mica/Shuster proposal will also give states greater control and authority over their intercity passenger rail services, currently operated by Amtrak.

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Newsby StaffMay 31, 2011

Privatization of Northeast Corridor proposed

Committee Chairman John L. Mica (R-FL) and Rail Subcommittee Chairman Bill Shuster (R-PA) announced at a Congressional hearing that they are preparing legislation to significantly speed up development of high-speed rail and reduce high taxpayer subsidization of the project.

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Newsby StaffMay 20, 2011

Amtrak seeking private investment for Northeast Corridor

Pursuit of private financing is one of several actions taken by the agency to expedite its next-generation high-speed rail vision plan since it was announced in September 2010. The business plan will identify and develop public and private funding sources and address fundamental issues of risk, credit, debt and investment phasing among other criteria.

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Newsby StaffMay 9, 2011

U.S. high-speed rail projects awarded $2 billion

Selected 15 states and Amtrak to receive $2.02 billion for 22 high-speed intercity passenger rail projects. Twenty-four states, the District of Columbia and Amtrak submitted nearly 100 applications.

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Newsby StaffApril 5, 2011

Amtrak seeks $1.3B in high-speed rail funds

Looking to move forward with several Gateway Project infrastructure improvements, including replacing the more than 100-year-old movable Portal Bridge over the Hackensack River in New Jersey, with a new, high-level fixed bridge; and preliminary engineering and environmental analysis for two new tunnels under the Hudson River into Manhattan with related infrastructure improvements.

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