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What should be the future of Amtrak? Although Amtrak had revenue of $3.3 Billion in 2017, it still lost $194 Million. Is it reasonable to expect Amtrak to turn a profit? Roads are built using Federal, State and Local tax revenue. Often states extract Sales Tax revenue (General Fund) for road projects. The Federal Government is about to pass another huge "Infrastructure" bill.
Why Amtrak train tickets are so expensive - Business Insider
In an attempt to rescue the service, then President Nixon signed a law in 1970 that ensured government funding. This act created the National Railroad Passenger Corp., which eventually became Amtrak. Of the 26 railroads offering passenger service, six declined to join Amtrak.
...
To this day, trains still have a low profit margin and rely heavily on subsidies to operate. According to the company's 2017 fiscal year report, Amtrak had a total revenue of $3.3 billion. Unfortunately, this wasn't enough to make Amtrak profitable. It still had a total operating loss of $194 million.
...
According to Amtrak's company profile, it operated some 300 trains a day in 2017. In comparison, SNCF, the French National Railway Co., operated 14,000 trains daily. That's about 47 times as many trains, serving a nation that has a quarter of the population of the United States. France is also even smaller than the size of Texas.
Why Amtrak train tickets are so expensive - Business Insider
In an attempt to rescue the service, then President Nixon signed a law in 1970 that ensured government funding. This act created the National Railroad Passenger Corp., which eventually became Amtrak. Of the 26 railroads offering passenger service, six declined to join Amtrak.
...
To this day, trains still have a low profit margin and rely heavily on subsidies to operate. According to the company's 2017 fiscal year report, Amtrak had a total revenue of $3.3 billion. Unfortunately, this wasn't enough to make Amtrak profitable. It still had a total operating loss of $194 million.
...
According to Amtrak's company profile, it operated some 300 trains a day in 2017. In comparison, SNCF, the French National Railway Co., operated 14,000 trains daily. That's about 47 times as many trains, serving a nation that has a quarter of the population of the United States. France is also even smaller than the size of Texas.