Amtrak sets agenda -- will upgrade tracks, build electric locomotives

Amtrak plans to spend $764 million to build 70 new electric locomotives and 130 long-distance rail cars to strengthen its fleet and show "commitment to long-distance service," particularly in the Northeast Corridor, according to Amtrak CEO Joseph Boardman. Major projects are also planned, including building new stations and upgrading tracks to enhance reliability and allow trains to go faster in some areas.

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