America’s Railways Get Needed Funding. To Compete Globally, Passenger Rail Needs More Attention, Too.

 

As $1.4 billion in government funding makes its way through America’s Railways, is there enough thought towards the future of passenger rail?

The Biden-Harris Administration has earmarked a historic $1.4 billion from the Bipartisan Infrastructure Law, channeled through the Federal Railroad Administration (FRA) of the U.S. Department of Transportation (USDOT), for 70 rail projects spanning 35 states and Washington, D.C., marking a milestone in funding for rail safety and supply chain enhancements under the Consolidated Rail Infrastructure and Safety Improvements (CRISI) program. This initiative, resonating with President Biden’s Investing in America agenda, aims to modernize the nation’s freight rail network, substantially benefiting rural communities by improving rail infrastructure, reducing shipping costs, and fostering workforce development. Among the notable projects is the Gulf Coast Corridor Improvement Project, receiving over $178.4 million to revive passenger rail services in Alabama, Louisiana, and Mississippi, and a $72.8 million allocation for infrastructural upgrades on the Palouse River & Coulee City Railroad in eastern Washington, pivotal for the wheat supply chain.

How might the $1.4 billion investment in rail infrastructure catapult the American rail industry’s global competitiveness, especially considering the balance between freight and passenger rail systems?

Mark Gavoor, an Associate Professor of Operations Management at North Park University, sheds light on the potential ripple effects of this massive financial injection. “So, it looks like most of these projects, from my quick look at it, seem to be geared towards safety more so than efficiency. And that makes total sense. It’s long overdue in this country. I also think that we should seriously look at passenger rail as well. We’re by any measure woefully behind China, the countries in Europe, and high-speed rail in Japan,” Gavoor articulates, nudging the conversation towards the broader spectrum of infrastructural advancements and their pivotal role in revamping freight and passenger rail systems in the U.S.

Article by James Kent

Follow us on social media for the latest updates in B2B!

Image

Latest

data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

Read More
On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

Read More
modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

Read More
semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

Read More