Amtrak Sets All-Time Ridership Record with 32.8 Million Passengers in 2024

The U.S. rail service sees a 15% increase in passengers and outlines plans to double ridership by 2040 through major investments and expanded service.

• Amtrak carried 32.8 million passengers in fiscal year 2024, surpassing its pre-pandemic record of 32.3 million in 2019.
• The company reported $2.5 billion in ticket revenue, a 15% increase from 2023, and $3.6 billion in total operating income, up 7% year-over-year.
• Amtrak invested $4.5 billion in infrastructure upgrades, including new equipment, station improvements, and expanded routes like the Borealis line connecting Chicago to Minneapolis-St. Paul.
• Future plans include doubling ridership to 66 million by 2040, supported by $66 billion in federal funding approved in 2021 for rail projects and grants.
• Key upcoming projects include replacing aging infrastructure like the Baltimore and Potomac Tunnel and reintroducing Gulf Coast service between New Orleans and Mobile in 2025.

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