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(Rail Passengers Association press release, July 8, 2020) WASHINGTON, D.C. — House appropriators with jurisdiction over transportation programs gave Rail Passengers another significant victory today, releasing a draft Fiscal 2021 proposal boosting regular Amtrak appropriations, setting aside at least $26 billion in additional emergency grant funds for Amtrak and public transportation, and tying the money to…

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(Source: Progressive Railroading 04/24/2020) By Vesna Brajkovic, Associate Editor Amtrak expects to lose $700 million in adjusted operating earnings as a result of the COVID-19 pandemic, Amtrak officials said yesterday in a teleconference with reporters. Chairman Anthony Coscia said losses could be climb higher as ridership drops to 95 percent across the network. Earlier this month, Amtrak received…

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(Source: Progressive Railroading 03/24/2020) With daily ridership down 90 percent and future bookings down 85 percent year over year, Amtrak is cutting management pay and taking other “aggressive” steps to address revenue losses related to the impact of the coronavirus, The Philadelphia Inquirer reported today. “Amtrak and our state partners estimate we need approximately $1 billion in supplemental funding through…

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(Source: Progressive Railroading 03/09/2020) Transit agencies across the United States have been taking precautions in response to the outbreak of COVID-19, a disease caused by the new coronavirus. The Greater Cleveland Regional Transit Authority today will implement an enhanced cleaning schedule, which calls for sanitizing rail cars every 72 hours and buses daily. The Massachusetts Bay Transportation Authority has…

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(Source: Progressive Railroading December 2019) By Julie Sneider, senior associate editor As Amtrak heads toward the 50th anniversary next year of its creation, the nation’s only intercity passenger railroad does so in the best financial condition in its history. The railroad ended its fiscal-year 2019 on Sept. 30 setting new records for ridership and operating revenue, and an operating loss…

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