Crains New York Business via California Rail News
The busiest U.S. passenger rail route needs $38 billion to stay in good working order, a 36% jump over the estimate just a year ago, according to a group that oversees the Northeast Corridor.
Though Amtrak and the regional railroads that use its tracks have pledged $3.3 billion for infrastructure over five years, that won’t go toward the backlog of projects needed to refurbish signals and power systems, replace bridges and build a new Hudson River tunnel connecting New York and New Jersey, according to a five-year capital-investment plan released Thursday by the Northeast Corridor Commission.
All told, 820,000 daily riders—two-thirds of them commuters using New Jersey Transit, Metro-North and the Long Island Rail Road—are at risk of increased service interruptions or even failure of the entire 457-mile Boston-to-Washington route. Last fiscal year, 11% of trains using the line were late or canceled.
The Gateway Project which includes a new Hudson River rail tunnel to relieve commuter rail congestion is $25 Billion of this $38 Billion backlog.