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Rail News Home Rail Industry Trends

11/27/2007



Rail News: Rail Industry Trends

California's Capitol Corridor sets ridership, revenue records in FY07


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The Capitol Corridor recorded more riders and generated more revenue than ever before in fiscal-year 2007. Ridership grew 14 percent to more than 1.4 million, setting a record and marking the ninth-straight year of ridership growth. Revenue increased 24 percent compared with FY2006.

During the year ended Sept. 30, the Capitol Corridor Joint Powers Authority (CCJPA) — which manages the Amtrak-owned route —also recorded a 48 percent farebox recovery ratio. In addition, the route’s on-time performance improved throughout the year, reaching 85 percent in the fourth quarter, according to CCJPA.

The 170-mile, 16-station Capitol Corridor runs between the Sierra Foothills, Sacramento, San Francisco and the Silicon Valley.