New Jersey Gov. Chris Christie killed the multibillion dollar rail tunnel under the Hudson River, the nation’s largest public works project, for the second time in less than a month. For Christie, it all came down to money. And…
Amtrak set an annual ridership record of 28.7 million passengers for the fiscal year ended September 30. That’s 5.7% more than in fiscal 2009.
Ticket revenue rose 9% to $1.74 billion, Amtrak said in a statement.
High gasoline prices and an improved economy helped buoy results, Amtrak said.
“More and more people see passenger rail as a way to get to where they need to go,” said CEO…
Continue reading Amtrak Reports Record Passenger Numbers
Amtrak Reports Record Passenger Numbers originally appeared on DailyFinance on Tue, 12 Oct 2010 06:30:00.
Filed Under: Energy, Company News, Technology, Economy, Taxes, Retail
Earlier this week, Amtrak released its proposal to build a new high-speed rail line connecting Boston and Washington, D.C. The project will cost over $100 billion and take 25 years to build. While rail enthusiasts may be please…