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Amtrak CEO to testify before U.S. House in wake of accidents [Reuters]

CSX (CSX)  More Company Research Source: Reuters
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PDF Amtrak CEO to testify before U.S. House in wake of accidents | Reuters 3 Min Read WASHINGTON (Reuters) - Amtrak Chief Executive Officer Richard Anderson will testify next week before a U.S. House of Representatives panel on the adoption of anti-crash technologies in the wake of a number of fatal accidents involving the U.S. passenger railroad. An Amtrak spokesman said Anderson will appear on Feb. 15 before a House Transportation and Infrastructure Committee panel. The committee said it would hear from Amtrak, federal agencies, private rail operators, public transit and labor to discuss efforts to implement an anti-crash technology called positive train control, or PTC, that could have prevented numerous train accidents. Anderson, a former Delta Air Lines CEO, was named president and co-CEO of Amtrak in June and took over as sole CEO on Jan. 1. Congress mandated the implementation of PTC nationwide by the end of 2015, then extended that deadline until the end of 2018, but many railroad [Read more]

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