CSX, Amtrak and Virginia formalize public-private partnership

A composite image featuring two photographs. Both are of a train crossing a rusted bridge.

The commonwealth of Virginia, Amtrak, commuter rail Virginia Railway Express (VRE) and CSX (NASDAQ: CSX) have formally dedicated themselves to take part in a $3.7 billion effort to divide passenger and freight rail traffic in Virginia and improve traffic flows between the Northeast and Southeast corridors.

The public-private partnership, dubbed “Transforming Rail in Virginia,” seeks to alleviate the choke point that passenger and freight rail trains encounter when passing from Washington into...

https://www.freightwaves.com/news/csx-amtrak-and-virginia-formalize-public-private-partnership

House hearing witnesses argue rail more relevant to economy than ever

A photograph of a freight train passing through a field while a construction vehicle is in the field.

Against the backdrop of Congress’ plans to push through a major transportation infrastructure bill, witnesses testifying at a U.S. House hearing on Wednesday spoke about the need for public partners to invest in multimodal initiatives as a way to support the freight rail industry and its workers.

An example of public and private support for a multimodal project would be the rehabilitation of the Salmon Bay Bridge in Washington, according to Tom WIlliams, group vice president of consumer products...

https://s29755.pcdn.co/news/house-hearing-witnesses-argue-rail-more-relevant-to-economy-than-ever