Amtrak at 40
As the National Railroad Passenger Corporation, known as Amtrak, celebrates its 40th birthday, its success remains unclear. After a decrease in passenger rail travel by the 1960s, Amtrak revived the industry — with help from government subsidies — by acquiring passenger rail lines and running trains along their tracks. Amtrak’s operating expenseshave exceeded revenue, but federal grantsbolster the company. This week, the U.S. Department of Transportation awarded Amtrak $450 million to advance high-speed rail service along the Northeast Corridor.
SOURCES: Amtrak; U.S. Department of Transportation; staff reports. Cristina Rivero/The Washington Post.
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