Jacob Passy
speaker
580 appearances
9 recordings
1 series
first heard Sep 2017
last heard Jan 2025
Jacob Passy’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · All Aboard! More Travelers Choose Trains Over Cars and Planes · 2 Aug 2024
podcast
So these are your Amtraks, and there's a new service down in Florida called Brightline that can fit into this category.
But these are trains going much longer distances than the trains that are part of, like, commuter networks in major cities.
It is still minuscule compared to air travel and driving, but it is definitely growing.
Amtrak, so far this year, during their fiscal year, they have seen ridership climb upwards of 18%, and they are on track to set an all-time record for ridership.
The industry executives I spoke with point to a generational shift that they see happening.
They say that folks in the U.S.
are increasingly aware of their environmental impact, and traveling by train can be more environmentally friendly than other forms of transportation.
But also, you're seeing a lot of congestion, especially on major highways, and folks are looking for
methods of getting around that avoid that.
So that can involve trains.
And in a lot of cases, the most popular train lines are ones that roughly follow popular highway routes.
And so they provide that alternative.
So you're correct.
The Northeast Corridor of Amtrak is the beast of train travel in the U.S.
It accounts for some 9 million riders so far this year, which is vastly more than any other of Amtrak's routes.
But we're also seeing growth in the West Coast.
So we're seeing the Pacific Surfliner has had a major uptick in ridership, above 30%, and that's a route that goes along the coast of Southern California.
The Cascades route of Amtrak is also increasingly popular.
They've seen a 48% increase in ridership over the past
year to date.
Showing 121–140 of 580 · page 7 of 29
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