U.S. Department of Transportation Announces $5.3 Billion Investment in Rail Safety and New Trains
The U.S. Department of Transportation has committed $5.3 billion to rail projects nationwide, aiming to enhance safety, upgrade infrastructure, and acquire new trains for Amtrak. This funding includes $2 billion redirected from California's high-speed rail project, which faced criticism for escalating costs. The investment will facilitate the elimination of over 30 railway level crossings and the upgrade of more than 1,000 others, alongside the purchase of 43 new U.S.-built trains and the refurbishment of 41 existing locomotives.
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