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at least after Amtrak financial support expires after the first few years of operation. Amtrak tends to play its proverbial cards close to its proverbial vest, but there are signs of enthusiasm about ...
Amtrak has tapped a new chief financial officer as the rail company prepares for a fight in Congress in increasing its funding. Amtrak said on Wednesday that it was appointing Gerald Sokol ...
The economic outlook for Amtrak was troubled even before this week's train derailment in Philadelphia. On Capitol Hill, lawmakers are deeply divided over funding for the passenger rail service.
But the nation’s passenger train carrier, Amtrak, is in trouble. The railroad lost $944 million in the previous fiscal year, and some observers believe it could be out of business in 18 months.
June 21 -- Amtrak is in its worst financial shape ever. According to a report issued by the government today, the national passenger railroad is carrying debt topping $3 billion, and it lost $944 ...
PORTLAND, Maine (WMTW) - Amtrak has announced they will be eliminating 450 positions - in hopes of saving 100 million dollars in annual costs. The railroad service says this will help them ...
adding an Amtrak stop downtown is a no-brainer. He points to a 2018 study conducted by the University of Southern Mississippi projecting an $11.86 million total economic impact from increased ...
Amtrak cut its annual operating losses by nearly half last year while improving customer service — cleaner restrooms and better training for those who deal with passengers — but the company ...
Council members questioned the estimates from Amtrak, Visit Mobile, the Southern Rail Commission and others are providing on what could be an economic return to the city for that $3.048 million ...