Amtrak Inks $2B Deal For New High-Speed Trains From Alstom

By Linda Chiem (August 29, 2016, 3:51 PM EDT) -- Amtrak struck a $2 billion deal on Friday to buy new high-speed trains from French conglomerate Alstom SA after receiving a $2.45 billion loan from the U.S. Department of Transportation to shore up infrastructure along its busy Northeast Corridor.

The National Railroad Passenger Corp., better known as Amtrak, agreed to buy 28 new high-speed trains to replace the aging trains on its Acela service along the Northeast Corridor — which runs from Boston to Washington, D.C., via New York and Philadelphia — allowing it to increase capacity and provide more frequent service.

Amtrak's new high-speed trains are expected to reach speeds...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!