Trains For America

More choices for better transportation

Mixed news about Amtrak

Although the House version of a funding bill that would increase money for both Amtrak and high speed rail has recently passed committee, the organization has been troubled by other issues this week.

First, the “American Financial Group,” an owner of Amtrak shares, has sued the company, claiming that it has failed to follow a congressional order to buy back its stock from them at a reasonable price and has made itself “worthless” through its policies. I won’t pretend to be a stock expert or anything close, but considering its resources, I find it hard to blame Amtrak for its “worthlessness.” If anyone was responsible for Amtrak’s woes, all signs point to the Bush administration’s shameful rail policy.

In news that’s of more concern to Amtrak riders, transportation advocate James P. RePass points out that Amtrak will be closing the Northeast Corridor from New Haven to Boston on June 14-17 for repairs. What’s distressing about this, he says, is that the company is not providing buses or any other alternatives for its passengers and has failed to contact the governors of the affected states. He corrently points out that this is not what Amtrak or rail needs right now, and I agree. A PR disaster in the middle of the busy summer months do not happy riders (or voters) make.

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August 2022