Two months ago we reported on the railroad industry’s reaction to the FRA’s directive setting forth the terms of the so-called “Stakeholder Agreements.” Those are the agreements between state authorities and Class I railroads that will govern the shared-use freight-passenger rail service in rail corridors receiving federal aid under the Administration’s high-speed rail (HSR) program. The FRA directive stunned and angered railroad executives by what they regarded as unreasonable demands, and burdensome requirements…We are happy to report that reason and good sense have prevailed. In a press conference on August 20, FRA Administrator Joseph Szabo announced that the agency has withdrawn the controversial directive.
View this complete post...
Tags: C. Kenneth Orski, Department of Transportation, Federal Railroad Administration, FRA, Freight, Innovation Briefs, Innovation Newsbriefs, Joseph Szabo, Ken Orski, Ray LaHood
Posted in
Funding, High Speed Rail, Innovation Newsbriefs, National, Rail, Sustainability, Tax, The Infra Blog, Transit
Add your comment about this post »