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Only 27% of Amtrak trains are on-time — and it could be costing the railroad $42 million every year

Amtrak Penn Station Waiting Room passengers

  • Amtrak‘s inspector general estimates that the railroad could save more than $40 million annually by increasing on-time performance.
  • Many of those rampant delays, however, are caused by the freight railroads responsible for most of Amtrak’s service.
  • Still, Amtrak expects to be profitable by 2021, its CEO has said. There’s plenty of work to be done.
  • Visit Business Insider’s homepage for more stories.

Chronic Amtrak delays are hampering the railroad’s efforts to break even by 2021, and are costing an estimated $41.9 million per year over the long term.

Even if Amtrak is able to increase timely trains by just five read more >>>

Source : BusinessInsider.Com

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