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Two members of the House Transportation and Infrastructure Committee offered competing opinions on a plan to privatize rail service in the Northeast in Thursday’s print edition of The Hill. P… ...
Dem: Amtrak privatization is unconstitutional by Keith Laing - 06/22/11 6:40 PM ET. ... “this debate would not exist and there would not be such a clear alternative.
Since Amtrak’s creation in 1970, the U.S. passenger railroad company has carried millions of passengers each year. In fiscal year 2024, over 32 million people rode Amtrak’s buses and trains, which ...
Amtrak collects about $2.2 billion in revenue from passengers to go with its $1.4 billion in federal funding. If sold for a fairly low valuation for a railroad, Amtrak would sell for around $6.5 ...
The railroad stated, "It is not clear what problem Amtrak privatization proposals are intended to solve." It added that it broke all-time records in ridership and revenue over the 2024 fiscal year.
The CEO of Amtrak has resigned from his post just months after the passenger rail service recorded its best single-year ridership in its history. Amtrak CEO Stephen Gardner announced the move Wedne… ...
Amtrak is the latest organization under DOGE's scrutiny. ... His resignation, along with continuing pushes for privatization, have left some wondering where the for-profit company goes from here.
Last week, Amtrak was all over the headlines due to Elon Musk's privatization comments. In response, Amtrak was applauded for its simple statement on social media, taking the high road. Users ...
Privatization doesn’t even address the problems, let alone fix them. Maybe instead of privatizing (or re-privatizing) Amtrak we should privatize the House and Senate. Oh, wait, we already have.
Shortly after the deadly Amtrak train crash in Philadelphia, a House committee voted to cut money for Amtrak’s capital investment program, sparking a debate over Amtrak’s funding and ...
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