Amtrak, Seeking to Break Even, Sees Some Light at the End of the Tunnel – The Wall Street Journal

thumbnail

WASHINGTON—Amtrak inched closer to breaking even last year, the company reported Friday, as rising ridership and cost cuts continued a multiyear improvement in the railroad’s financial performance.

Amtrak reported an adjusted operating loss of $29.8 million across the entire national railroad network, significantly beating a previous target of a loss of $75 million in the 2019 fiscal year, which ended Sept. 30. Its operating loss in fiscal 2018 was $170.6 million.

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top