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Rail News: Passenger Rail
1/27/2012
Rail News: Passenger Rail
Capitol Corridor posted gains in ridership, revenue and performance in first fiscal quarter
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Capitol Corridor increased ridership and revenue, and improved on-time performance during its first quarter of fiscal-year 2012.
During October, ridership rose 9 percent to 153,902 and revenue soared 14 percent to $2.4 million compared with October 2010. November ridership increased 5 percent to 150,511 and revenue climbed 11 percent to $2.7 million, while December ridership surged 7 percent to 137,377 and revenue grew 5 percent to $2.3 million.
On-time performance improved from 94 percent in October and November to 95 percent in December.
Capitol Corridor Joint Power Authority (CCJPA) officials attributed the northern California intercity passenger-rail service’s performance during the period to “successful” marketing campaigns, higher gasoline prices prompting more riders to choose rail transportation, and the efforts of host Union Pacific Railroad to sustain a state of good repair of the track, which improved the service’s reliability, they said in a prepared statement.
“Similar to other public transport services, passenger rail creates permanent jobs and contributes to our economic and environmental health,” said CCJPA Chairman Bob Franklin.
During October, ridership rose 9 percent to 153,902 and revenue soared 14 percent to $2.4 million compared with October 2010. November ridership increased 5 percent to 150,511 and revenue climbed 11 percent to $2.7 million, while December ridership surged 7 percent to 137,377 and revenue grew 5 percent to $2.3 million.
On-time performance improved from 94 percent in October and November to 95 percent in December.
Capitol Corridor Joint Power Authority (CCJPA) officials attributed the northern California intercity passenger-rail service’s performance during the period to “successful” marketing campaigns, higher gasoline prices prompting more riders to choose rail transportation, and the efforts of host Union Pacific Railroad to sustain a state of good repair of the track, which improved the service’s reliability, they said in a prepared statement.
“Similar to other public transport services, passenger rail creates permanent jobs and contributes to our economic and environmental health,” said CCJPA Chairman Bob Franklin.
