29 October 2020

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Congressional Hearing On Amtrak  Service Hears Insight From Company

Congressional Hearing On Amtrak Service Hears Insight From Company


is hurting our economy.” William Floyd, president and CEO of Amtrak, testified that the company was fiscally stronger than ever at the end of fiscal year 2019 and beginning of fiscal year 2020, But due to COVID-19, ridership decreased by 97 percent. The CARES Act provided necessary emergency funding, but ridership and revenue are still down 80 percent compared to a year ago. “We are committed

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