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GlobalData on MSNAmtrak announces 450 job cuts to achieve $100m in annual savingsAmtrak, the US public passenger rail provider, has announced plans to cut 450 positions as part of a strategy to reduce ...
The cuts and “other recent cost-saving actions” will save roughly $100 million annually, according to an Amtrak statement.
The Trump administration's announcement that it ... On top of that, Amtrak, which is susceptible to ongoing federal staff and budget cuts, already has its hands full with the rehabilitation ...
In a move that should surprise no one, the Trump administration is clawing back more than $60 million in funds that had been awarded to Amtrak to ... said in his gleeful announcement of the ...
The $63.9 million grant was awarded in September, but months later, has been cut. The Federal Railroad Administration and Amtrak agreed that was the right move. "Today's announcement reflects a ...
Transportation Secretary Sean Duffy said if the private sector wants the rail line, it should cover planning costs.
rather than relying on Amtrak and the American taxpayer to bail them out.” Kleinheinz Capital Partners, the lead investor in Texas Central, said Monday’s announcement is “good news for the o ...
DALLAS — Federal officials Monday pulled a $63.9 million in grant funding for the proposed Dallas-Houston bullet train, alleging the cost of the project had ballooned. Amtrak received the $63.9 ...
NJ Transit announced contingency plan if there is a rail strike in two weeks. Spoiler alert, they can't move everyone.
The U.S. Department of Transportation nixed a $63.9 million planning grant for the proposed Texas Central route under an agreement between the Federal Railroad Administration and Amtrak.
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