DOT: After Amtrak Restructuring, States Would Assume Rail Costs
- RED INK ON THE RAILS. Murray, Mark // National Journal;12/1/2001, Vol. 33 Issue 48, p3678
Discusses the actions taken by the United States Transportation Department to deal with the financial performance of Amtrak. Liquidation of the company's assets; Information on the Amtrak Reform and Accountability Act; Recommendations of the Amtrak Reform Council for the recovery of the...
- Amtrak, DOT Hammer Out Temporary Funding Plan. Sanchez, Humberto // Bond Buyer;7/2/2002, Vol. 340 Issue 31420, p4
Reports the loan agreement between the Department of Transportation and rail service provider Amtrak in the U.S. Provision of loan from the Federal Railroad Administration; Initiation of additional cash in operating funds; Enhancement of financial accountability.
- Bill Could Provide Amtrak With $19.2B Over Six Years. Sanchez, Humberto // Bond Buyer;1/17/2007, Vol. 359 Issue 32548, p6
The article reports on a legislation introduced in the United States Senate that would authorize the Congress to provide 19.2 billion for Amtrak over six years. It will include up to 7.8 billion of taxable tax-credit bonds that would be issued by states or Amtrak for projects approved by the...
- AMTRAK TO KEEP RUNNING FOR NOW. // ENR: Engineering News-Record;7/08/2002, Vol. 249 Issue 2, p14
Reports the proposed financial assistance of the U.S. Department of Transportation (DOT) to prevent plant shutdown of Amtrak. Terms and conditions of the proposed agreement; Impact of the supplemental spending bill on helping Amtrak; Views of DOT Secretary Norman Y. Mineta.
- Mineta Predicts Amtrak Will Stay on Track. Sanchez, Humberto // Bond Buyer;6/26/2002, Vol. 340 Issue 31416, p5
Reports the negotiation for a funding deal between Amtrak company and the Department of Transportation in the U.S. Supply of emergency aid to Amtrak for continuation of operations; Statement regarding the status of the negotiation by Transportation Secretary Norman Y. Mineta; Proposal of...
- What freight delays cost Amtrak. // Railway Age;May2008, Vol. 209 Issue 5, p19
The article reports that delays in passenger trains caused by freight trains cost Amtrak almost $137 million in fiscal year 2006, or nearly one-third of its federal operating subsidy, according to a inspector general from the U.S. Department of Transportation (DOT). The $137 million reportedly...
- House Panel OKs $67B DOT Bill; Amtrak Funds Halved. Sanchez, Humberto // Bond Buyer;6/23/2005, Vol. 352 Issue 32160, p5
This article reports that the U.S. House Appropriations Committee has approved a $67 billion fiscal 2006 spending package for the U.S. Department of Transportation and other agencies, including $550 million for Amtrak, a $650 million cut from the $1.2 billion the U.S. Congress provided in fiscal...
- NORMAN MINETA'S BUMPY RIDE. Friel, Brian // National Journal;4/16/2005, Vol. 37 Issue 16, p1157
Reports on the efforts of U.S. Department of Transportation Secretary Norman Mineta to put forward a budget proposal on behalf of President George W. Bush that would to reduce subsidies to Amtrak passenger rail service. Measures taken by Mineta to push the administration's proposal; Observation...
- DEPARTMENT OF TRANSPORTATION V. ASSOCIATION OF AMERICAN RAILROADS (13-1080). Morales, Carolina; Martinez, Shaun // Federal Lawyer;Mar2015, Vol. 62 Issue 2, p74
The article discusses the U.S Supreme Court case Department of Transportation v. Association of American Railroads which deals with section 207 of the Passenger Rail Investment and Improvement Act and providing legislative power to National Railroad Passenger Corp. doing business as Amtrak.