The Virginia Railway Express 2040 System Plan Review Report
REPORT OF THE DEPARTMENT OF RAIL AND PUBLIC TRANSPORTATION The Virginia Railway Express 2040 System Plan Review Report TO THE GENERAL ASSEMBLY OF VIRGINIA HOUSE DOCUMENT NO. COMMONWEALTH OF VIRGINIA RICHMOND 2016 VRE 2040 System Plan Review Final Report December 2016 December 7, 2016 The Honorable Aubrey L. Layne, Jr. Secretary of Transportation Post Office Box 1475 Richmond, Virginia 23218 The Honorable Chris S. Jones, Chairman House Appropriations Committee General Assembly Building, Room 948 Richmond, Virginia 23219 The Honorable Thomas K. Norment, Co‐Chair Senate Finance Committee General Assembly Building, Room 626 Richmond, Virginia 23219 The Honorable Emmett W. Hanger, Co‐Chair Senate Finance Committee General Assembly Building, Room 326 Richmond, Virginia 23219 The Honorable Ronald A. Villanueva, Chairman House Transportation Committee General Assembly Building, Room 503 Richmond, Virginia 23219 The Honorable Charles W. Carrico, Chairman Senate Transportation Committee General Assembly Building, Room 330 Richmond, Virginia 23219 Dear Chairmen, Attached for your review is the requested report as required by Item 436 Subsection N of the 2016 Acts of Assembly. It directs the Commonwealth Transportation Board’s rail subcommittee to: “. .review the long range service plan and financial analysis of Virginia Railway Express and assess the conclusions of that analysis with respect to the long‐term financial viability of the service, their ability to maintain appropriately costed‐services to maintain and expand market share, and the Virginia
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