Via Rail temporarily lays off 1000 staff
Canadian National breaks multiple grain records
Watco to acquire rail assets at six Dow sites
High speed rail talks move ahead
Canadian National makes strong investment in New Brunswick
Canadian Class I railroads boast record grain volumes for June
CN announces investments in Ontario, British Columbia and Nova Scotia
CN plans nearly C$1 billion in capital projects
Canadian National invests $C 540m in Alberta and Quebec
CN to invest $310 million in Ontario assets
VIA Rail Canada Inc. recorded 5 million riders in 2019, the railroad’s highest annual ridership in 30 years and a 5.5 percent increase compared with 2018.
Of the 5 million riders, 96 percent used VIA Rail for inter-city travel, 3 percent for long-distance travel and 1 percent for regional travel, according to VIA Rail’s 2019 Annual Report, which was released yesterday.
On the Quebec City-Windsor Corridor, VIA Rail logged 4.7 million riders, a 5.5 percent year-over-year increase.
Revenue for 2019 totaled CA$411.1 million, an increase of CA$18.5 million compared with 2018. Total operating expenses reached CA$691.8 million, a nearly CA$27 million increase.
In 2020, VIA Rail ridership has dropped significantly so far due the COVID-19 pandemic and protest blockades in Canada that forced some service suspensions earlier in the year.
“Our immediate challenge … is to convince Canadians that we are the safe way to travel as our response to the COVID-19 virus evolves,” VIA Rail President and Chief Executive Officer Cynthia Garneau said in a press release.
This article first appeared on www.progressiverailroading.com
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