Amtrak has best month ever

WASHINGTON — Amtrak, coming off a record fiscal year, had its best month ever for ticket revenue in November. Total revenue was $204.7 million.

Amtrak said Thanksgiving week continued to be its busiest week of the year, with a record 777,897 riders, generating $61 million in ticket revenue.

Amtrak expects December’s holiday travel to be as busy and said riders should book early to avoid sellouts.

Amtrak carried 31.7 million passengers in fiscal 2017. up 1.5 percent from fiscal 2016. Its total fiscal 2017 revenue was $3.2 million, up 1.1 percent.

On Amtrak’s Northeast Corridor, between Washington and Boston, ridership reached 12 million in fiscal 2017, the corridor’s highest-ever ridership year. It also covered 94.7 percent of its operating costs with ticket sales and there revenues, a record for cost recovery.

Amtrak completed $420 million in infrastructure work in fiscal 2017, including significant track replacement and began work on a major renewal program at New York’s Penn Station.

It is also using part of its $2.45 billion investment in faster Acela service to complete extensive renovations at D.C.’s Union Station.

Jeff Clabaugh

Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up