MAGA -- Again, And Again, And Again -- July 11, 2023

Locator: 45082TRAINS.

Apparently the Re-Elect Biden Campaign is up and running.

Link here.

Once a leader in passenger rail, the U.S. has since fallen behind many industrialized nations in rail funding and ridership — but investment is picking up.

Investment in passenger rolling stock across North America, which includes high-speed rail, light rail, metro, passenger coaches and locomotives, is expected to increase 4.7% per year between 2021 and 2026, according to a projection from McKinsey & Co.

A significant boost to the rail industry comes from the Infrastructure Investment and Jobs Act (IIJA), which was passed in 2021 and designates $66 billion to improve the nation’s rail system. [Thank you, Mr Biden.]

Federal investment is also pushing companies to establish a domestic supply chain. At its facility in Hornell, New York, train maker Alstom is working on fulfilling an order for Amtrak, the federally owned U.S. passenger train operator, to upgrade its fleet of Acela trains.

Aside from the government, private companies are also working on beefing up passenger rail in the country. Brightline has already built out its passenger rail service in Florida, and its sister company, Brightline West, is working on a high-speed passenger rail line between Las Vegas and Southern California.