Amtrak Details Ambitious Plans to Triple Capital Spending in Next Two Years

September 20, 2023

Amtrak has embarked on an ambitious two-year plan to triple its annual investment in infrastructure—growing it from $2 billion in fiscal 2023 to more than $6 billion by fiscal 2025. The increased spending is needed to meet its goal to double ridership by 2040. 

“To double our ridership means we need to invest about $50 billion into our infrastructure, our maintenance facilities and our fleet nationwide,” said Laura Mason, Amtrak executive vice president of capital delivery. 

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