This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

New Amtrak Locomotives Ready For Service And Set To Power Northeast Economy

When Amtrak Northeast Regional #171 departs Boston on Feb. 7, a new era of mobility will begin as the first of 70 new advanced technology electric locomotives enters revenue service. The modern equipment provides more reliable and efficient service for passengers, and will power the Northeast region’s economic growth and continued prosperity.

“Amtrak is integral to the daily life of the Northeast and the new locomotives will keep the people and businesses of the region connected and on the move,” said Amtrak President and CEO Joe Boardman. “New equipment ensures Amtrak can deliver the reliable service the region depends on and supports the growth of the region as America’s economic powerhouse.”

“Beyond improved reliability of service, the new locomotives represent a prudent business decision to invest in the future of the Northeast region and better position Amtrak to support ridership growth in the coming years,” said Amtrak Chairman Tony Coscia.

The new locomotives will serve as the strong workhorses of Amtrak Northeast Corridor operations, power all Northeast Regional and long-distance trains between Washington, New York and Boston, and match existing trip-times at speeds up to 125 mph. Eventually, they also will operate on the Keystone Service between New York, Philadelphia and Harrisburg, Pa.

The Siemens-built electric locomotives, known as the Amtrak Cities Sprinter, are being assembled at its solar-powered rail manufacturing plant in Sacramento, Calif. The equipment includes parts built from Siemens plants in Norwood, Ohio, Alpharetta, Ga., and Richland, Miss., and nearly 70 other suppliers, representing more than 60 cities and 23 states.

“We are extremely proud to serve as a rail technology partner for Amtrak,” said Michael Cahill, President of Siemens Rail Systems in the U.S. “Through our teamwork with Amtrak, we are not only delivering improved performance, we’re boosting American manufacturing. Our innovation, expertise and proven technology are helping transportation operators across the country keep the economy moving.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,162.99 +121.45 0.67%
S&P 500 2,123.48 +19.28 0.92%
NASDAQ 5,106.5930 +73.8420 1.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs