Author Topic: Amtrak revenue, ridership up  (Read 1829 times)

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Offline thundley4

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Amtrak revenue, ridership up
« on: July 28, 2010, 10:18:36 AM »
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Amtrak, which has forecast record ridership in fiscal 2010, saw gains in ridership and revenue in June, with the strongest growth on trains coming and going from Washington.

Amtrak’s total June revenue rose 17 percent from June of last year to $163.4 million. Revenue on its Northeast Corridor, which runs from Washington to Boston, rose 12 percent from a year earlier. Ticket sales on its high-speed Acela line were up 16 percent.

Amtrak’s June ridership system-wide was 2.6 million passengers in June, up 9.3 percent.

Passengers on the Northeast Corridor last month rose 3.5 percent to 616,000, while Acela ridership jumped 11 percent from a year ago to 296,000 passengers.

Amtrak started offering discounted fares on its busy Northeast Corridor a little over a year ago and this spring made those discounts permanent.

Between 2002 and 2008, Amtrak ridership grew 32 percent, and it expects ridership to grow another 15 percent between now and 2014. Amtrak is asking for additional funding from Congress to fund its modernization plan to keep up with rising demand and hopes to replace its entire fleet by 2040.


http://www.bizjournals.com/washington/stories/2010/07/1...
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8826597

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T Wolf   (1000+ posts)           Tue Jul-27-10 04:26 PM
Response to Original message
2. From the GOP.. Quick. Cut the subsidies and add that line from Fargo to Bismarck.
   
Something commie like this cannot be allowed to succeed.

DUmmie idea of success is a business that needs taxpayer monies to operate.

Offline DumbAss Tanker

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Re: Amtrak revenue, ridership up
« Reply #1 on: July 28, 2010, 10:44:28 AM »
I view Amtrak as an investment in a resource, similar to the national highway system and FAA's flight control centers, it is an important strategic and economic capability which can't be brought up from zero and does need to be 'warm-based.'  The difference between sound investment in a piece of economic infrastructure and the way the baby Commies at the island see it is that basically they think it should go everywhere they might be or want to go regardless of ridership, run at the frequency of subway trains, and be free to ride for anyone who isn't a Republican.
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Offline thundley4

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Re: Amtrak revenue, ridership up
« Reply #2 on: July 28, 2010, 10:59:21 AM »
I view Amtrak as an investment in a resource, similar to the national highway system and FAA's flight control centers, it is an important strategic and economic capability which can't be brought up from zero and does need to be 'warm-based.'  The difference between sound investment in a piece of economic infrastructure and the way the baby Commies at the island see it is that basically they think it should go everywhere they might be or want to go regardless of ridership, run at the frequency of subway trains, and be free to ride for anyone who isn't a Republican.

It's a losing proposition, but I agree it's somewhat necessary. However, I think certain low traveled routes could be scaled back or cancelled.  I'd have to travel to another city to ride Amtrak, they cancelled service here long ago.

Offline IassaFTots

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Re: Amtrak revenue, ridership up
« Reply #3 on: July 28, 2010, 12:04:23 PM »
I like trains.  I think taking a train ride would be a fun way to see more of this country.  However, that option is simply not viable.  It would cost an arm and a leg, and because of funky route structure, I would get there faster by bus. 

So I fly.
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Offline thundley4

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Re: Amtrak revenue, ridership up
« Reply #4 on: July 28, 2010, 12:10:18 PM »
I like trains.  I think taking a train ride would be a fun way to see more of this country.  However, that option is simply not viable.  It would cost an arm and a leg, and because of funky route structure, I would get there faster by bus. 

So I fly.

I'd like to make this trip sometime.

http://www.amtrak.com/servlet/ContentServer/AM_Route_C/1241245653236/1237405732511

Offline IassaFTots

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Re: Amtrak revenue, ridership up
« Reply #5 on: July 28, 2010, 12:12:49 PM »
I'd like to make this trip sometime.

http://www.amtrak.com/servlet/ContentServer/AM_Route_C/1241245653236/1237405732511

I think I would like one in the NW myself, but that is because I have seen so much of the midwest.  Although, I wouldn't pass any of them up. 
R.I.P. LC and Crockspot.  Miss you guys.

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“Political Correctness is about turning a blind eye to painful reality because your comfortable feelings are more important to you than saving lives and providing quality of life to people who work their ass off to be productive and are a benefit to this great American Dream"  ~Ted Nugent

Offline USA4ME

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Re: Amtrak revenue, ridership up
« Reply #6 on: July 28, 2010, 04:16:30 PM »
Quote from:
Revenue on its Northeast Corridor, which runs from Washington to Boston rose...

Well yeah, that makes sense.  Who wants to drive around DC, Philly, NYC, and Boston if you can take a train?  I've known several people from this area who want to go to Manhattan and drive to take the train from DC or Baltimore.  I mean, you pull right into Penn Station.  What could be easier.

But to train from the NE corridor to Chicago, or LA, or Miami?  No way!

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Offline PatriotGame

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Re: Amtrak revenue, ridership up
« Reply #7 on: July 28, 2010, 05:08:00 PM »
I'd like to make this trip sometime.

http://www.amtrak.com/servlet/ContentServer/AM_Route_C/1241245653236/1237405732511
To hell with all that train ride & flying shit where I actually have to show up and participate - I just spend five dollars on a hit of LSD and take the 'trip' without ever having to leave my garage.

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Offline thundley4

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Re: Amtrak revenue, ridership up
« Reply #8 on: July 28, 2010, 05:27:28 PM »
To hell with all that train ride & flying shit where I actually have to show up and participate - I just spend five dollars on a hit of LSD and take the 'trip' without ever having to leave my garage.

/DUmmy

Smoke that old wildwood weed, take a trip and never leave the farm.

Offline chitownchica

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Re: Amtrak revenue, ridership up
« Reply #9 on: July 28, 2010, 05:35:27 PM »
I wish we had a high speed rail infrastructure here like those in other countries. This wish is without consideration for how much it costs to build and maintain however. Just a personal wish to be able to go places without driving/flying.

Offline NHSparky

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Re: Amtrak revenue, ridership up
« Reply #10 on: July 28, 2010, 06:30:27 PM »
Rises in ridership and revenue doesn't mean they're not still hemorrhaging cash.
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Offline ironhorsedriver

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Re: Amtrak revenue, ridership up
« Reply #11 on: July 28, 2010, 06:32:16 PM »
Passenger rail is Government subsidized in every single country on Earth. Amtrak, in general, gets far less money than other Passenger systems. The actual money going to Amtrak will not allow for major maintenance on equipment and still maintain the routes and car sets necessary for it's routing. Ticket cost, to meet actual expense would have to be astronomical . Employees are well paid, but most front line employees spend days away from home, work weekends, holidays, night, day, on call 24/7 for an extra board employee. Railroading is one of the only carrier fields where it seems you where hired to be fired. Federal regulations put people out in the field checking you for everything imaginable, any one of which can get you pulled out of service.
Amtrak does waste a lot of money on the upper ends of the management chain, contractors, studies, consultants. A lot of it, Amtrak has no say in. The Govt. appointed board sets the agenda.
I do have some insight into the overall picture, I'm an Amtrak Engineer by profession. But I do, irregardless, believe that passenger rail needs to be kept going, and no private firm, with any competence, would believe you could do so for gross profit. Hell, fuel alone can break the bank. Some locomotives go 1 million miles before they even see major overhaul.
 

Offline DefiantSix

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Re: Amtrak revenue, ridership up
« Reply #12 on: July 28, 2010, 07:46:21 PM »
Rises in ridership and revenue doesn't mean they're not still hemorrhaging TAXPAYER cash.

Fixed 'er for ya. 

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