US Repair Funds Lacking, Report says

05 May 2009


One third of stations and vehicles on the seven largest transit-rail systems in the US – Chicago, Boston, New York City, New Jersey, San Francisco, Philadelphia and Washington DC – are less than adequate, according to a survey released recently.

The Federal Transit Administration (FTA) survey has since led the FTA to recommend a new temporary funding program for the nation's rail and better funding structures for future upgrades and repairs.

llinois Senator from Illinois Dick Durbin says he is drafting a legislation that can be considered under the next surface transportation bill as a result of the report.

He has accused the US Federal Government of under funding the rail system by $5.9bn annually, despite the Chicago Transit Authority and Metra nearly investing $6bn in state-of-good repair needs.

The survey showed that in the past 15 years the agencies involved noticed a significant decrease from 90% to 70% in federal rail modernisation funds

Up to $50bn will be required to bring the system back to state of good repair.


Post to:

Newsletter Sign-Up
For all the latest news in the rail industry, sign up here

Home
New On This Site
Products & Services
Company A-Z
Industry Projects
Features
White Papers
Jobs & Careers
Industry News
Gallery
Events & Exhibitions
Newsletter Sign-Up
Advertise With Us
About Us
Client Area


RSS What is RSS
The website for the railway industry