Billions of investments are made for new trains by Amtrak

Billions of investments are made for new trains by Amtrak

Amtrak is set to invest $7.3 billion to manufacture 83 new trains for interstate and northeast routes. It is expected to serve around 1.5 million riders annually. Siemens Mobility Inc. has been contracted to produce new train fleets that would modernize and sustain Amtrak services.

Amtrak CEO Bill Flynn said, “These new trains will reshape the future of rail travel by replacing our aging 50-year-old fleet with state-of-the-art, American-made equipment.”

These trains will use less energy and rely on hybrid battery operation. Amtrak also stated that the project would create 2,100 jobs at a Sacramento-based Siemens plant.

No Comments Yet

Comments are closed


CIO Look is Global business authority platform where you can explore the perspective of Entrepreneurs, business owners, and innovators who drive business around the globe. CIOLook has unvaryingly been at the front line for its honesty and genuineness acquiring acknowledgment from Business pioneers universally. It features best business hones inferred by individuals, organizations, and industry divisions around the globe…. Read More

Follow us