USA Today, in a Mike Chalmers article, reported that Amtrak posted record ridership with 28.7 million riders, an increase of 5.7% from 2009. Ticket revenue increased by 9% to 1.7 billion.
However, Amtrak posted $3.5 billion in expenses for the fiscal year.
Let's see.... $1.7 billion from ticket sales against $3.5 billion in expenses. Yup, another year in the red for Amtrak.
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