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|Thursday, August 20, 2009|
Freight trains clatter through Eastern Oregon all day, but ever since Amtrak discontinued the Pioneer line in 1997 because it was losing money as passengers dwindled, no passenger train has stopped in Pendleton, Ontario or Baker City. In fact, the Pendleton train station is now a museum. But that may change as Amtrak considers reinstating the Pioneer, a move that could give an economic boost to Eastern Oregon.
The Passenger Rail Investment and Improvement Act of 2008 requires Amtrak to re-evaluate several former train lines throughout the country, including the Pioneer. Amtrak will present the results of this study to Congress this fall.
A major aspect of Amtrak’s decision to reinstate the Pioneer, which started in Seattle and ended in Chicago, is whether or not there’s a renewed interest in riding the train. Throughout the country, ridership is up; 2008 was the sixth consecutive year of growth nationwide, with ridership on the Cascades line between Eugene and Vancouver, B.C., up more than 12%.
“If there’s ridership, the communities can benefit,” says Vernae Graham, Amtrak spokesperson. “It can stimulate all sorts of economic growth in those communities.”
Baker City and the Umatilla County Board of Commissioners have written letters to their representatives encouraging the reinstatement of the Pioneer. In October 2008, Sen. Ron Wyden, Rep. Earl Blumenauer, Rep. Greg Walden and two Idaho congressmen sent a letter to Amtrak CEO Alex Kummant supporting the reinstatement of the Pioneer.
Jake Jacobs, Baker City economic development manager, and Tracy Bosen, Pendleton economic development director, agree that the Pioneer would increase tourism, particularly to historical downtown areas.
“It’s going to require a lot of change at the terminals,” says David Richey, Ontario planning and zoning administrator. “There should be other types of transportation, taxi cabs and bus services.”
For some, riding the train would be an activity in itself.
“There would be a lot of people who would take a train ride, including myself, just to take the train ride,” says Jacobs. “It’s a recreational thing as well.”
Reinstating the Pioneer is more than nostalgia for a time when train stations were busy centers of communities. It’s a way for green transportation options to be extended east of the Cascades to rural Oregonians.
Wednesday, August 19, 2015
BY LINDA BAKER
In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction.
Monday, July 13, 2015
BY JACOB PALMER
Holding a Power Lunch at Veritable Quandary in downtown Portland.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Friday, July 10, 2015
BY JOE CORTRIGHT
The false promise of economic impact statements.
Wednesday, August 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
One of the hottest new investment trends has proven quite lucrative for some companies.
Wednesday, August 19, 2015
BY KIM MOORE
A conversation with Chris Maples, president of the Oregon Institute of Technology.
Wednesday, July 15, 2015
We asked readers to weigh in on the fossil fuel-green energy equation.
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Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.