Amtrak ridership hits a record high, trims losses

[mahatmakanejeeves]

Amtrak ridership hits a record high, trims losses

Jeff Clabaugh | [e-mail]
December 4, 2024, 10:52 AM

Amtrak trains have never been fuller, and infrastructure investments never higher — even as the rail carrier continues to lose money. ... Amtrak carried a record 32.8 million passengers in fiscal 2024, almost half of that along the Northeast Corridor. Overall ridership was up 15% from fiscal 2023.

Northeast Corridor routes, including Acela and Northeast Regional trains, both of which serve the D.C. region, carried 14.1 million passengers up 16% Northeast regional ridership alone was up 18% from fiscal 2023. ... Ticket revenue was also a record $2.5 billion, 9% higher than fiscal ’23.

Amtrak said it invested $4.5 billion into major infrastructure and fleet projects, including its largest boom and rail construction in history, as well as improvements at stations it serves, including D.C.’s Union Station.

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Jeff Clabaugh
Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.

[e-mail]
@wtopclabaugh

[Blue Owl]

1. I'm keeping my fingers crossed

That all the progress made the past 4 years with Joe and Pete B. isn’t erased by the tRump morons