The non-NEC regional short distance corridors as a group also produce slightly more transportation output than does the NEC, but at a small fraction of the subsidy cost required by the NEC.
These results continue a consistent record of segment contribution dating from 1975.
Not for over half of a century have so many opportunities for good, reliable passenger train service been available.
As every mode of transportation has its strengths, so, too, does passenger rail.[and] that Amtrak produces much more inventory in the NEC than it is able to sell …Amtrak’s ridership and load factor data also proves that, since latent demand for long distance transport exceeds supply, Amtrak is under-invested in the long distance segment…The inescapable conclusion is that long distance trains perform far better financially than Amtrak reports, and the NEC segment far worse…My hubby was a paid member & I was a free member here.
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Passenger trains work well for long, medium, and short distances of travel, both on a national and regional basis.
Amtrak’s financial and operational results for FY 2013 (the 12 months ending September 30, 2013) are now available (audited FY ’13 annual financial statements will be released sometime in 2014).
Amtrak’s FY 2013 data show that measured by production of passenger transportation, i.e., the actual volume of transportation produced by the trains operated in these three segments, the NEC (contrary to popular belief and Amtrak representations) is the smallest, weakest and most heavily subsidized segment Amtrak operates.