Continue.Alaska Railroad passenger operations in jeopardy as company braces for a potential loss of significant federal funds
While all rail transit operators are anxious for Congress to act on a long-term surface transportation bill, perhaps no railroad executive is sitting on pins and needles more than Alaska Railroad Corp. (ARRC) President and Chief Executive Officer Christopher Aadnesen.
Since May 8, the House and Senate Transportation Conference Committee has been negotiating a compromise of a multi-modal surface transportation bill that transit agency officials hope will provide a stable, predictable source of funding over the next few years. The committee, which includes Rep. Don Young (R-Alaska), is hashing out the details between the Senate’s two-year transportation bill known as MAP-21 passed earlier this year, and House Republicans who want a longer-term bill that reforms the way the federal government pays for surface transportation programs and infrastructure.
In the case of ARRC, the outcome could determine whether the railroad is able to continue operating passenger-rail service, ARRC officials say. ARRC is a full-service freight and passenger rail service that links ports and communities to the state’s major metropolitan areas such as Anchorage, Fairbanks and other locations in south-central and interior Alaska.
Alaska Railroad passenger operations in jeopardy
Started by
CNJRoss
, Jun 27 2012 03:42 PM
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#1
Posted 27 June 2012 - 03:42 PM
Progressive Railroading, June 2012 (on-line only article):
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Posted 18 August 2012 - 09:12 AM
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