Re:The Case for Portland-to-Vancouver High-Speed Rail
by hourislate on Thursday December 05, 2019 @08:43AM
(#21712171)
Actually the reason Amtrak runs a huge deficit is their long haul routes (cross country). Their local routes like the eastern corridor and even the ones on the west coast are profitable. Even their regional routes either break even or are very close.
I would point you to the following Wendover Productions video that gives a great analysis.
Amtrak’s Grand Plan for Profitability
then comes the one aspect of rail they always love to leave out, maintenance and ongoing costs. part of the reason the rail transit systems used by Amtrak and even those in cities have nearly a hundred billion dollar deficit. rail is always cheaper when you don't maintain it.
then of course passenger numbers are always dream state numbers. Oh its quite fun to dream up stuff, rail always has this odd romanticism about it, but in the end who does it serve?