As for commentary, the month looks pretty good on the whole. Big picture wise the railroad lost $45,100,000 over the last two months, which is dreadful, but half as dreadful as last year. Controlling operating losses may be key for Amtrak over the next length of time. Improvement was largely on the expenses side of the ledger. Revenue is soft compared to plan in line with ridership. YTD ridership is up over last year by 224,000. Ridership is up over all three segments, but 2 in three of them (on net) are NECSL passengers. Both the NECSL and SSSL are narrowly behind plan, LDSL is in line, but tilted ahead.
At the individual route level, the greens contain no surprises, expect for maybe the Cardinal, hitting first month of COVID recovery since February. Seven months of data in and the Borealis seems to be on track for 230,000 (ish) riders its first 12 months. We’ll see what the winter holds, but ridership has been very tight in this 18,000-22,000 range since June, most routes see bigger swings. The Cascades up 129% is about what we want to see going from 4 round trips to six.
The yellows aren’t terribly exciting. They are all within the striking distance. I think the only news story is that Virginia may just have a ceiling after all. Nothing can be straight growth forever.
The pinks are a little more interesting. The Lincoln service is right there to break through it’s COVID dip. It’s still a long way from its 2013 record. FY 2026 might see the record. All the California services are going to take years to rebuild. None of them are close. None are growing with any real speed. The Zephyr and Chief are getting close. The Adirondack just deserves a medal for surviving. Brutal schedule, long term track work, state non-commitment, and historically soft ridership usually spell the end (looking at the Hoosier State).
Reds are mostly easy to explain. Acela=pulled equipment+soft business demand+failing reliablity. At this point, the only reason I’d ride an Acela is because I never have. Otherwise, there’s no guarantee you’ll actually save the time advertised versus the NER. The Vermont trains collapsed out of nowhere and I don’t know why, but would like to. The Downeaster is a matter of a couple riders per train. The rest of the SSSL trains are repeat offenders. The Empire Builder is right there, and the Starlight is still like half the train it was in 2019. The Star and Capitol Limited only ran 10 days, which brings me to what everyone wants to know about.