Without fanfare, Amtrak last week posted its 2024 annual report, which also contains its funding appeal for the fiscal year ...

Skeptics of goals for the railroad service say trying to reach profitability will ultimately cause Amtrak to suffer, according to the Journal. "I think part of the problem we’re dealing with is ...

Downs said Amtrak’s goal is to operate without subsidies by 2002. The Rail Passenger Service Act was designed to create a private, for-profit corporation that eventually would take over and run ...

But rail used for freight rather than passengers has shown to be more cost-effective at accomplishing these goals. Even without the use of federal subsidies and in spite of Amtrak’s preferential ...

when Congress created Amtrak as a federally chartered, for-profit corporation. Rather, Brown was referring to how Congress, by piling "anomaly on top of anomaly," has made Amtrak into a "wholly ...

Amtrak's Acela — the United States' closest thing to true high-speed rail — is critical to the railroad's ambitious profitability goals. The new Acela 21 trainsets currently under construction ...

Since Congress created Amtrak in 1970, the idea of profitability has loomed large ... to airplanes for trips under 400 miles. Their goal is to replicate the success of the highly trafficked ...

The bill includes new language that would change Amtrak’s goal to “meet the intercity ... is that we’re not trying to make Amtrak into a profit-making venture,” said Jim Mathews, the ...

But Amtrak has rejected criticisms that they’re not profitable — because profitability isn’t a goal of the organization.

Congress's bipartisan $1 trillion infrastructure bill has a new mandate for Amtrak, and making a profit is not one of ... support in the bill. A new goal would be added to Amtrak's purview ...