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Amtrak Says New Infrastructure Can Help Trains Go Faster
Bloomberg Television· 2025-11-21 17:50
Talk to us, first off about the year that was and are more people, Roger, choosing the train because of the reliability problem of planes. Ira, good to be here today. Thank you.Yeah. So let's talk about 2025. This is a great time to be here at Amtrak.I'm certainly very excited about it. We just had our record year in terms of ridership. We carried 34 and a half million customers, and I think we did that by running a good railroad, focusing on things like on time performance, cleanliness, customer service.Th ...
Florida's Brightline railroad needs more passengers
Bloomberg Television· 2025-08-02 18:00
I'm about to board the Bright Line which goes from Miami to Orlando in just 3 and 1 half hours. >> And West Palm Beach on track is now boarding. >> Started trips in South Florida in 2018.The Miami to Orlando line began trips in 2023. This is the first privately funded railroad in the United States in over a century. Brightland said it was looking for a rail that would take passengers on routes that were too long to drive but too short to fly.But today, Bright Line is making investors nervous. Ridership for ...
Fitch Downgrades Brightline Muni Bonds Again
Bloomberg Television· 2025-08-01 18:36
Why is this going so poorly. Ultimately, this was a project that was brought to Florida with a lot of fanfare, but it seems like ridership is lagging particularly enough to hit the firm financially or hit the project financially. But you have to remember, this is a startup project, a start up railroad, the first railroad, privately run railroad in the United States in 100 years or more.So it has a wrap up period. And the it has two basic routes. One is the Miami to West Palm route and one is going from Miam ...