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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 company stated that the job cuts, which include a reduction-in ... significantly to achieving the targeted savings. The announcement follows a leadership change earlier this year, when Amtrak CEO ...
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 ...
The cuts and “other recent cost-saving actions” will save roughly $100 million annually, according to an Amtrak statement.
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 ...
“Any delay in delivery,” he added, “would cut into the profits of the entity that builds it.” An Amtrak spokesman declined to comment on Mr. Duffy’s announcement, referring questions to ...
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 ...
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 ...
The labor dispute between New Jersey Transit (NJT) and the Brotherhood of Locomotive Engineers and Trainmen (BLET) continues ...
Authorities working on Texas' high-speed rail system have said that the project is "still alive," despite President Donald Trump's cuts to its ... Administration] and Amtrak are in agreement ...
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