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NYT: Travelers Shift to Rail as Cost of Fuel Rises
Related to country: United States

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By MATTHEW L. WALD
Published: June 21, 2008

WASHINGTON — Record prices for gasoline and jet fuel should be good news for Amtrak, as travelers look for alternatives to cut the cost of driving and flying.

Passengers hurrying to board an Amtrak train at Union Station in Washington.

And they are good news, up to a point.

Amtrak set records in May, both for the number of passengers it carried and for ticket revenues — all the more remarkable because May is not usually a strong travel month.

But the railroad, and its suppliers, have shrunk so much, largely because of financial constraints, that they would have difficulty growing quickly to meet the demand.

Many of the long-distance trains are already sold out for some days this summer. Want to take Amtrak’s daily Crescent train from New York to New Orleans? It is sold out on July 5, 6, 7 and 8. Seattle to Vancouver, British Columbia, on July 5? The train is sold out, but Amtrak will sell you a bus ticket.

more, click: http://www.nytimes.com/2008/06/21/business/21amtrak.html?ex=1371787200&en=9d11f98f019a63b2&ei=5124&partner=permalink&exprod=permalink

June 21, 2008 | 9:05 PM Comments  0 comments

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