News

Jan 10, 2013 10:50 AM by Adam Atchison

Amtrak's annual losses at lowest level since 1975

WASHINGTON (AP) - Amtrak's president and CEO says operating losses last year were the lowest in nearly 38 years.

Joe Boardman told reporters on a conference call Thursday that Amtrak's losses were $361 million for the fiscal year ending Sept. 30.

But Boardman calls it progress -- the last time the number was lower was 1975. The 2012 losses were down 19 percent from the previous year.

Boardman also laid out an agenda that includes delivery of the first of 70 new electric locomotives and 130 long-distance passenger cars, expansion of the Acela Express high-speed service - with an additional New York-Washington round trip - and beginning the work necessary to acquire new high-speed trains.

»Comments

More News

Colorado
Story Photo

11 minutes ago

Falcon school fights to save student's life

FALCON- Aden Knar, a third grade student at Falcon Virtual Academy, is in need of a life-saving bone marrow transplant. His school, Falcon Virtual Academy, will host a bone marrow donor drive tomorrow to help find a match Aden. Knar, 10, was diagnosed at age 4 with acute lymphoblastic leukemia and entered remission in 2008. In November 2013, the Knar family learned that the leukemia had returned, and is now isolated in his bone marrow. In an outreach of support, Falcon Virtual Academy hosted a bone marrow donor drive in January, and will be hosting another tomorrow from 10 a.m. - 2 p.m. at 6113 Constitution Ave., directly west of Care and Share Food Bank for Southern Colorado. "We wanted to reach out to the family again," said Jodi Fletcher, assistant principal. Fletcher explained that more than 250 people participated in the January drive, and she hopes to have similar numbers April 19. The money from a bake sale at the drive, and a portion of the proceeds raised from a spring formal...

Most Popular

Top Videos

1 2 3 4