Amtrak has set an all-time ridership record in Fiscal Year 2024 (FY24), welcoming 32.8 million rail passengers.
This ridership record marks a 15% increase over the previous fiscal year. The surge in demand thus reflects the growing popularity of rail travel as an efficient and reliable mode of transport across the United States.
In addition to the record ridership, Amtrak has committed to substantial investments in the nation’s rail infrastructure, with more than 4.5 billion USD allocated to major projects. These investments, which represent the largest rail construction boom in Amtrak’s history, are expected to create thousands of jobs, support American manufacturing, and enhance the overall passenger experience.
“Breaking our ridership record is just the beginning. This record ridership shows that travellers throughout the US want efficient travel options, and we are committed to meeting that demand. Through bold investments, strong partnerships with states and host railroads, and dedicated planning, we are doubling down on our vision to connect more people and communities like never before.”
In FY24, Amtrak achieved the following key results:
- Ridership: 32.8 million customer trips, a 15% increase over FY23
- Ticket Revenue: 2.5 billion USD, marking a 9% increase year-over-year and the highest in Amtrak’s history
- Total Operating Revenue: 3.6 billion USD, a 7% rise from FY23
- Adjusted Operating Earnings: A 9% improvement to -705.2 million USD
- Service Expansion: One new train service was launched, with four additional routes expanded
“We are modernising our network and fleet so we can make every journey with Amtrak world-class. As we build for the future, our investments in new equipment, expanded service, and critical infrastructure will continue to elevate the experience from coast to coast.”
