Tag: Rail Passenger Transport

Amtrak Tries to Take Union Station
Health

Amtrak Tries to Take Union Station

Amtrak is a rolling master class on government in action, and the latest example is its effort to seize control of Union Station in Washington via the power of eminent domain. In a case being heard in federal district court, the railroad is trying to get the station’s “leasing rights” for $250 million, which the private leaseholder says is about a third of the fair market value.The railway wants to do a concourse modernization project to add more seating, increase signage in the terminal, and improve infrastructure. In a September hearing before Washington, D.C., federal district Judge Amit Mehta, Amtrak CEO Steven Gardner said that the current leaseholder, a company called USI, isn’t helping the railway accomplish its plans. He complained that there’s “a mismatch” between Amtrak and “a p...
Delays in Acela Upgrade Have Cost Amtrak $140 Million…and Counting
World

Delays in Acela Upgrade Have Cost Amtrak $140 Million…and Counting

Listen to article(2 minutes)The three-year wait for Amtrak’s overdue new Acela train fleet has cost the railroad $140 million and counting, documents show, a setback for a company that has vowed to improve its stewardship of taxpayer money.As France-based trainmaker Alstom struggles with testing requirements and production defects on the $2.3 billion program to replace the Acela trains, Amtrak has had to spend millions of dollars in maintenance costs to keep its aging, existing fleet in operation. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8