| Daily news coverage of the railroad industry |  |
| Industry Update |  |  |
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- Hamberger: Report is testament to rail's continued investment
The American Society of Civil Engineers' recent "2013 Report Card for America's Infrastructure" report showed how private investment by railroads helped it become a "most improved" infrastructure component. "It is truly gratifying that the world's premier organization of engineering experts recognizes the value and benefits that have resulted from freight railroads making private investments in our country's rail network infrastructure," said Association of American Railroads President and CEO Edward Hamberger. RailwayAge.com
(3/19), The Washington Post
(3/19)
- Young's Railway Age award accepted by Koraleski
Earlier in the year, Union Pacific Chairman Jim Young was named "2013 Railroader of the Year" by Railway Age magazine. UP President and CEO Jack Koraleski recently accepted the recognition on Young's behalf. "Jim emphasizes the importance of agility and recoverability, and as we introduced those concepts into our railroad operations, our service became more competitive, and customers started to recognize the true value we could bring to their businesses," Koraleski said. RailwayAge.com
(3/19)
| Infrastructure & Economic Spotlight |  |  |
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- Report looks at why U.S. has been slow to embrace HSR
The identification of four "high-speed rail waves" across the globe could streamline and hasten the adoption of high-speed rail systems in the U.S., according to a report co-authored by Andrew Goetz and Anthony Perl. Meanwhile, the California High-Speed Rail Authority reached an agreement with the Peninsula Corridor Joint Powers Board for rail upgrades between San Francisco and San Jose, Calif., which supports Caltrain's $1.45 billion modernization initiative. RailwayAge.com
(3/19), RT&S online
(3/19)
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