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Amtrak Fiscal Year 2023: Ridership Exceeds Expectations as Demand for Passenger Rail Soars

Amtrak customers on a station platform

Company aggressively advances new era of passenger rail, with strong growth and major infrastructure investments

 

WASHINGTON – Amtrak continued its strong growth in Fiscal Year 2023 (FY23) as the company resumed service on all routes and advanced major infrastructure projects that will support plans to double ridership by 2040. In FY23, more than 28 million customers rode Amtrak nationwide, fueled in part by significant growth on the Northeast Corridor (NEC), where ridership is booming and consistently exceeding pre-pandemic levels since early summer.

“Amtrak ridership continues to set post-pandemic records thanks to our customers who were anxious to travel again and attracted to the many benefits of train travel. This resurgence was made possible by our dedicated employees, our many state and host railroad partners, and ongoing support from the Biden Administration and Congress,” said Amtrak CEO Stephen Gardner [1]. “We’re inspired by the soaring demand for intercity passenger rail and are eager to continue connecting more people and places.”

Multiple State Supported services also drove ridership gains while setting monthly or annual ridership records, including the Amtrak Downeaster and services in the Commonwealth of Virginia and the State of North Carolina.

Amtrak is capitalizing on this positive momentum by advancing historic infrastructure investments that will launch new and expanded services, advance safety and reliability, improve accessibility, drive economic development and enhance the customer experience. Several major projects kicked off in FY23 that will unlock major bottlenecks and improve operations and safety for Amtrak and its commuter partners. This includes the Frederick Douglass Tunnel Program in Baltimore and the Hudson Tunnel Project, a critical piece of the Gateway Program, among others.

“The best is yet to come!” said Amtrak Board Chair Tony Coscia [2]. “As we build a new era of passenger rail with more modern trains, expanded routes, more frequent service, upgraded stations, and renewed infrastructure, Amtrak will continue to deliver major improvements for current and future Amtrak customers over the coming decade.”

Preliminary results for FY23 (Oct. 2022 – Sept. 2023) include:

[1] [5] Includes payments from state partners for State Supported routes

[2] [6] Unaudited

FY23 Accomplishments

Expanded, Enhanced and Restored Service:

 Future Growth Opportunities:

Equipment:

Stations:

Infrastructure:

The Gateway Program:

Product Upgrades:

Sustainability and Climate Resilience:

Safety:

Accessibility:

Customer Experience Improvements:

Diversity & Inclusion:

 Talent & People:

 Leadership:

 Marketing Partnerships:

Community Engagement and Customer Commitments: