Instead, CEO Stephen Gardner asked a congressional subcommittee on Tuesday to tolerate losses for several more years for the federally funded rail system while the company and country invest billions into improving passenger rail service.
“Financial performance is not Amtrak’s sole objective,” CEO Stephen Gardner said in his written testimony to a House Transportation subcommittee.
Amtrak CEO Stephen Gardner, left, accompanied by Northeast Corridor Commission Executive Director Mitch Warren, right, speaks during a House Transportation subcommittee hearing on Capitol Hill in Washington, Tuesday, June 6, 2023.
Amtrak is also developing new lines of service to connect fast-growing regions and growing frequencies on existing routes.
Subcommittee Chairman Troy Nehls, a Texas Republican, said Amtrak needed to prioritize its existing network over adding new routes.
Persons:
Stephen Gardner, Gardner, Mitch Warren, Andrew Harnik, We’re, ” Gardner, Troy Nehls, ” Nehls
Organizations:
CNN, Amtrak, “, Transportation, Penn Central, Corridor Commission, Capitol, Long Distance, Texas Republican
Locations:
Washington, Texas