The Montreal-Halifax Ocean recently resumed after being suspended in March 2020 because of COVID lockdowns. This equates to a compounded average annual growth of 158.7% for the first three years (2021-2023), and a compounded average annual growth of 2.2% for the final two years of the plan (2024-2025) … “Over the Plan period, increase in revenue is mainly achieved through the expected resumption of service, GDP growth and inflation.”Īlready paralyzed, if not altogether dead, are VIA Rail’s only service on Vancouver Island, suspended in 2011 due to unsafe track between Victoria and Courtenay, and its Matapédia to Gaspé service, stopped in 2013 for the same reason. “ The Canadian is forecast to have variable revenue growth that will enable levels to exceed those prior to the pandemic (from $3.4 million to $61.2 million) over the Plan period. Worrisome is VIA Rail’s projection that GDP growth and inflation will help restore The Canadian’s revenues to pre-pandemic levels: Canadian Pacific CEO Buck Crump greeting sleeping car porters at the time The Canadian was inaugurated in 1955. With a 10-15 year lead time for procurement of new equipment, the government must decide soon whether to repeat Crump’s leap of faith in transcontinental passenger service. ![]() (Former CP CEO Buck Crump called it “the biggest mistake of my life.”) The museum-piece cars need immediate overhauls to last another 15 years before they are auctioned off to tourist train operators. The Canadian’s Budd-made stainless steel cars were built 67 years ago for Canadian Pacific. VIA Rail photoĪt particular risk is The Canadian streamliner, which combines luxury land cruising for foreign tourists with flag-stop service for native fishing camps. With 32 new Siemens trainsets ordered in the “Before Times” being delivered, VIA Rail’s existing corridor service between Quebec City and Windsor, Ontario will likely survive, though with the legacy handicaps of operating inferiority to freight trains and big-city terminals controlled by expanding regional commuter operators rapacious for platform slots. ![]() President Joe Biden, whose infrastructure program will at least save Amtrak’s existing rail network from the boot hill of fallen flags, VIA Rail’s route map is already withered, with no guarantee that its mortified extremities will ever revive. In the absence of a patron saint like U.S. VIA_Rail_Summary_2021-2025_Corporate_Plan Download ‘Young Professionals’ Conference: Fast Tracking Your Career.USDOT: An Additional $24MM for RIA Program Projects.Biemeret Appointed BART Inspector General.Giulietti Joins TYLin as Director, Rail Transit Services.Louis MetroLink, Calgary Green Line LRT, SEPTA, BCT Transit Briefs: Metrolinx, PANYNJ, St.Now On Line: Railway Age May 2023 Digital Edition. ![]() Watco Rolls Out iPads With Compl圓65’s Mobile App.CARB Passes New In-Use Locomotive Regulation (Updated 5/3). ![]()
0 Comments
Leave a Reply. |