Amtrak

Elon Musk, CEO of Tesla and SpaceX, as well as an advisor to President Donald Trump, has put forth a proposal for the privatization of the U.S. Postal Service and Amtrak. What Happened:  During a Morgan Stanley conference on Wednesday, Musk stated, “I think logically we should privatize ...

The gentle rhythm, the scenic landscapes, and a sense of adventure mixed with nostalgia — nothing brings all these emotions together like a train journey. If you also want to relive these emotions and capture some Instagram-worthy moments on your camera, these Amtrak routes are perfect options....

Amtrak has taken a leap forward in its sustainability efforts by introducing its first electric bus on the Pacific Northwest’s Cascades route, replacing a diesel-powered bus. According to Electrek, the rollout, which took place on Aug. 16, is a collaboration between Amtrak and...

The Surface Transportation Board has determined that it will review Amtrak's request to restore Gulf Coast service, dismissing calls by Class I railroads CSX and Norfolk Southern to deny the request because of concerns about how the passenger rail service might affect freight rail operations....

Amtrak wants the Surface Transportation Board to expedite its review of Amtrak's plans to re-establish passenger rail service in the U.S. Gulf Coast. The service was discontinued in the mid-2000s. But CSX (NASDAQ: CSX) and Norfolk Southern (NYSE: NSC) are saying, not so fast. The two freight rail...

The U.S. Department of Transportation (DOT) is supporting efforts to bring Amtrak service to the Gulf Coast, acknowledging the challenges that stakeholders have had in reaching a consensus over infrastructure and operational needs. A Monday letter from DOT, representing the interests of the agency...

Amtrak has tapped former freight executive William J. Flynn as its next CEO and president, the company announced on March 2. Flynn, whose first day at Amtrak will be on April 15, was most recently CEO at Atlas Air Worldwide Holdings, a company serving the global air freight, military charter and...

FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Visit Railway Age for more great content like this. A headline article says that U.S. Sen. Dick Durbin (D-Illinois) has introduced a bill that would allow Amtrak to sue the freight railroads for...

U.S. Senator Dick Durbin (D-Illinois) has introduced a bill that would allow Amtrak to sue the freight railroads for preventing Amtrak from meeting suitable on-time performance standards. "The Rail Passenger Fairness Act" would allow Amtrak to sue the freight railroads for not giving passenger...

Sen. Dick Durbin (D-Illinois) is pressing the Federal Railroad Administration (FRA) to take a greater role in ensuring that Amtrak and the freight railroads improve their rates for on-time performance. In Oct. 22 letters addressed to FRA Administrator Ron Batory and Amtrak CEO Richard Anderson,...

FreightWaves is providing a forum – Market Voices – for a number of market experts. Jim Blaze is a railroad career economist with an engineering background and a strategic analysis outlook. Jim's career spans 21 years with Consolidated Rail Corporation (CONRAIL), 17 years with the...

In an effort to attract more passengers and generate more revenue, Amtrak wants to revamp its national network in order to boost passenger service in the South and West. However, the changes would curtail key long-haul routes favored by many key constituencies. Amtrak's goal is laudable...

Universal Air Travel Plan, the payment network serving several big name airlines including British Airways and American Airlines Group Inc. (NASDAQ: AAL), has inked a deal with Bitnet, a bitcoin payment processor. The deal marks another huge hurdle for the cryptocurrency as it will allow 260...

Los Angeles Clippers owner Donald Sterling learned that derogatory comments about race are not tolerated—not just by fans, the public, politicians, and civil rights leaders but also by companies that write big checks to your team. CarMax (NYSE: KMX) on Monday became the first company to end its...