Amtrak is riding a wave of record ridership to highlight its reducing dependence on federal subsidies to support operations. Last week, the passenger railroad paused to highlight that ticket sales and other revenue support 88 percent of its operational costs. Federal tax revenues supported “just 12 percent of Amtrak’s operating costs,” the railroad noted. For [...]
As Amtrak looks to upgrade its operations in the Northeast Corridor, the railroad made it clear public money will be needed to jump start the project. In testimony before the U.S. House Committee on Transportation and Infrastructure earlier this month, Amtrak President and CEO Joe Boardman said revenues of $1 billion or more annually from [...]
We appreciate your patience as we migrate to new servers.
KENNESAW, Ga. — Dozens of trains roar through town every day. They speed past the historic 1908 train depot in the heart of town A few feet away from the tracks, idly sits a 155-year-old steam locomotive that pulled into town a rainy Saturday morning nearly 150 years ago. It was the one-year anniversary of [...]
Click here to read more featured articles.