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  • Amtrak Scores a Win
    Posted On: May 23, 2013

    House Rail Subcommittee Chairman Jeff Denham, R-Calif., said at a hearing on Tuesday that "on the Northeast Corridor, Amtrak earns a substantial 'above the rail' operating profit ... Amtrak has also seen significant ridership increases on its state-supported routes which connect metropolitan areas less than 750 miles apart." But then he attacked its federal subsidy, failing to note that law mandates Amtrak maintain a national intercity rail passenger network and ignoring the fact that many other elements in the country are also subsidized. Amtrak CEO Joseph Boardman said the less-profitable routes are "a public service."

    Read entire article at: www.Railwayage.com


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