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Daily Headlines
Quinn: Administration’s principles of Amtrak reform don’t address short term needs
WASHINGTON, D.C. -- Transportation Subcommittee on Railroads Chairman Jack Quinn, R-NY, called today’s speech by Transportation Secretary Norman Mineta on Amtrak "helpful," but said it "doesn’t address the short term needs of Amtrak." Sec. Mineta in his speech laid...
Oberstar: Bush’ Amtrak proposal ‘not worth the wait’
WASHINGTON -- Congressman James L. Oberstar (D-MN) today released the following statement in response to the Bush Administration’s long-awaited plan for the restructuring of Amtrak. Congressman Oberstar, ranking minority member of the House Transportation &...
Transportation labor decries White House Amtrak plan
WASHINGTON, D.C. -- The following statement was issued by Sonny Hall, President of the Transportation Trades Department, AFL-CIO, in reaction to a White House proposal to restructure Amtrak. "Amtrak is on the doorstep to bankruptcy unless the President and Congress...
Amtrak warns of shutting down trains
WASHINGTON -- According to a wire service, Amtrak has only enough cash to operate for several more days before it will have to begin shutting down the nation's passenger rail system, its president warned Thursday. David Gunn told Congress he will start turning away...
Amtrak may begin shutdown in days
WASHINGTON, D.C. -- Amtrak President David Gunn said yesterday that he will begin shutting down rail passenger service nationwide "in the middle of next week" and put Amtrak into bankruptcy unless the Bush administration approves a $200 million loan guarantee or...
Norm Mineta remarks regarding Amtrak
Remarks for The Honorable Norman Y. Mineta Secretary Of Transportation Amtrak announcement before the U.S. Chamber Of Commerce Washington, D.C. June 20, 2002 8:30 a.m. Thank you Bruce (Josten, Executive Vice President for Governmental Affairs, U.S. Chamber of...
Ohio Legislators vote to join Midwest rail consortium
COLUMBUS -- By a wide margin, Ohio legislators voted to join the Midwest Interstate Passenger Rail Compact, after the Ohio House of Representatives today voted 85-6 in favor of Senate Bill 212, sponsored by State Sen. Jeffry Armbruster (R-13, North Ridgeville)....
CN and Siemens to develop new rail traffic control system
MONTREAL -- Canadian National and Siemens Transportation Systems Inc. announced today they will jointly develop and implement at CN a state-of-the-art rail traffic control (RTC) system incorporating proven Siemens technology. CN and Siemens will each assign systems...
Amtrak’s Tucson run could soon be history
TUCSON, Ariz. -- The last passenger train to Tucson may arrive soon as Amtrak struggles to overcome its budget woes, reports the Arizona Daily Star. Amtrak President David Gunn has warned the nation that all service will be shut down next month if the passenger train...
Analyst launches coverage of railroad industry
NEW YORK -- Goldman Sachs on Wednesday said it initiated research coverage of the railroad industry and said that the industry looks poised to show modestly stronger earnings, reports a wire service. Goldman started coverage on Burlington Northern Santa Fe Corp....
