$53B HSR reaction: HNTB and Bombardier

Peter Gertler, chair high-speed rail services for HNTB Corporation, has issued a statement on Vice President Joe Biden's announcement of a comprehensive plan to provide 80 percent of Americans access to high-speed rail within 25 years: “We welcome the administration's leadership and participation in the national conversation. This plan is a timely opportunity to engage the public and policy makers in a discussion about the future of America's transportation system. Beyond initial investments – totaling more than $10.5 billion in the last two years – we need a vision and a long-term financing plan that supports a program as powerful as the Interstate Highway System was more than 50 years ago. The announcement calls for a $56 billion investment, over six years. This funding provides a real opportunity to build on the country's down payment, continue work already begun as well as design and build for the future. While there will be disagreements about the scope, timing and financing of the president's proposal, that debate should be encouraged. Finding common ground will allow our country to benefit from a modern rail system that will generate jobs, ease congestion and encourage economic development.” The announcement prompted another statement by Robert E. Furniss, U.S. vice president, Business Development and Sales, Rolling Stock, Locomotives and High Speed Rail, Bombardier Transportation: 
 “As a global leader in rail equipment manufacturing and servicing, Bombardier Transportation understands the important contributions that an improved rail infrastructure can provide. The U.S. investment in passenger rail initiatives promotes economic expansion in construction and manufacturing, creates new choices for travelers, reduces national dependence on foreign oil and fosters community development. Increased focus on integrating intermodal options, including an intercity and high-speed rail network, in the U.S. is crucial to keep up with a competitive global economy. Rail networks can act as an economic engine to promote good jobs and enhanced quality of life.  However, the key to creating a sustainable U.S. rail business will be consistent and long-term investment to draw serious players and establish a viable domestic supply chain. Other leading nations are investing and improving their rail systems and without consistent investment the U.S. will be left behind.
 
 The development of additional rail systems throughout the U.S. also is essential to developing cleaner, more efficient transportation systems. Passenger rail corridors will take cars off the roads, reduce dependence on foreign oil and diminish CO2 emissions.
 
 Bombardier Transportation is well-positioned to help the U.S. develop this vital transportation option, and is excited to explore the opportunities to help improve the infrastructure of America’s passenger railways.”