These are corridor-length routes, and most of the money would come from the states through which the trains would run, at least after Amtrak financial support expires after the first few years of ...

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.

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, Jr. as ...

Amtrak Notes Financial Woes. By ABC News. June 21, 2001, 6:49 PM. June 21 -- Amtrak is in its worst financial shape ever. ... Amtrak is now admitting it cannot be expected to run a national ...

With gas prices rising and airlines experiencing more and more delays, train travel might seem a popular alternative. But the nation’s passenger train carrier, Amtrak, is in trouble. The ...

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 ...

The Amtrak Board of Directors recently approved two leadership changes, as new-hire Tracie Winbigler has been tabbed to serve as the company’s Executive Vice President and Chief Financial Officer, and ...

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 ...

To David Clark, the president and CEO of Visit Mobile, adding an Amtrak stop downtown is a no-brainer. He points to a 2018 study conducted by the University of Southern Mississippi projecting an ...

If they vote against a $3.048 million three-year subsidy for Amtrak service, it could risk up to $228 million in capital projects along Gulf Coast. The Mobile City Council could have a high stakes ...