TRC

White Paper   |   May 3rd, 2011 Changing the Dynamics of the Rail Industry: Transformation through Federal Rail Grant Funding

The nation’s network has steadily fallen behind the worldwide rail leaders who offer such transportation choices as high-speed rail, which links passengers with their country’s transit and commuter rail networks. Taking notice of America’s loss of economic competitiveness and rail systems beleaguered with security and safety concerns, the Federal government began offering grant funding for the rehabilitation and development of transit systems nationwide. As a result of this robust funding stream, America’s rail industry and nationwide network is now being transformed to serve America’s future rail needs and enrich our nation’s passenger rail options.

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