• Anthony Coscia, right, Chairman of the Board for Amtrak, and Vice President Joe Biden enjoy a light moment at the Joseph R. Biden Jr. Railroad Station in Wilmington, Del., Friday, Aug. 26, 2016. Federal officials say the government will make a $2.45 billion loan to Amtrak to buy new trains, upgrade tracks and make platform improvements on the Northeast corridor. (Suchat Pederson/The Wilmington News-Journal via AP)

    Biden announces new funding for Amtrak Northeast Corridor

    WILMINGTON, Del. (AP) — Amtrak is receiving a $2.45 billion loan from the federal government to buy new trains, upgrade tracks and make platform improvements along the busy Northeast corridor, the largest such loan ever by the Department of Transportation, officials announced Friday.