Amtrak saw record ridership in 2024, up 15% to 32.8 million, despite a $705 million operating loss.

Amtrak set a record in fiscal year 2024 with 32.8 million passengers, marking a 15% increase from the previous year. Despite a 7% rise in total operating revenue to $3.6 billion, Amtrak still reported an operating loss of $705 million. The company aims to double its ridership to 66 million by 2040 and has invested $4.5 billion in infrastructure improvements, including new train routes and affordable ticket options.

4 months ago
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