How the Pandemic Derailed Amtrak From Its Hopeful Path to First-Time Profits
Amtrak's new Acela fleet, shown here in testing this year, may enter service on the Northeast Corridor in 2021 with the capacity to travel at speeds up to 165 mph. Amtrak swung to a loss of $801 million in the fiscal year that ended September 30. Amtrak
Skift Take: Amtrak had been on track to notch its first operating profit in its 50 years. But the not-so-novel-anymore coronavirus has dashed the hopes of the U.S. national passenger rail system. President-elect Joe Biden is a fan of Amtrak but might have limited options to ride to the rescue.
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