Amtrak loses money but pays some executives over $700,000 salaries

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Amtrak loses money but pays some executives over $700,000 salaries
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Amtrak executives are riding a gravy train with some of them making as much as $780,000 a year while train system's passengers endure delayed and disrupted services, a new report revealed.

An Amtrak worker opens a door on a train at Union Station in Los Angeles as stoppages are announced on Wednesday, Sept. 14, 2022. Some Amtrak routes will be disrupted due to freight railroad labor negotiations. Amtrak executives are riding a gravy train with some of them making as much as $780,000 a year while train system’s passengers endure delayed and disrupted services, a new report revealed.

Calculations done by the watchdog group pegged those employees’ annual salaries at an average of $121,000. Rep. Elise Stefanik of New York, the chair of the House Republican Conference, last month sent a letter to Amtrak and the Canadian National Railway demanding answers about service disruption on the Adirondack Line that runs from New York City to Montreal. For three years, the line didn’t have summer service, and after resuming in April of this year, elevated temperatures caused parts of the line to be shut down for another 79 days in June.

The company was on track to make a profit for the first time in roughly 50 years before the pandemic shut things down. Now, Amtrak continues to rack up big losses that are mostly covered by taxpayers.projects it will lose roughly $1 billion every year and has never in its history turned a profit,” said Open the Books Founder and CEO Adam Andrzejewski.

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