Randal O'Toole

Is Amtrak Guilty of Securities Fraud?

A press release issued by Amtrak last week would, if it were published by publicly traded firm, be a violation of securities laws and regulations

Amtrak Accounting Tricks Cover Up Losses

Amtrak recently announced that it will begin operating nonstop service between New York and Washington in 2 hours and 35 minutes in September.

Transit Riders Drop 2.9% in June

The nation’s heavily subsidized transit industry continued its descent into oblivion with a 2.9 percent decline in ridership in June 2019, compared with June 2018, according to the Federal Transit Administration’s most recent data.

Next Year’s Transportation Bill

America’s surface transportation infrastructure needs significant improvements and rehabilitation, yet Congress is uncertain about how to do this.

Should Cities Spend More on Transit?

Transit ridership is plummeting almost everywhere, yet officials in many cities are still devising hugely expensive plans for transit projects.

Transit Death Spiral

Nationwide transit ridership in the first quarter of 2019 was 2.6 percent below the same quarter in 2018, according to data released by the Federal Transit Administration (FTA) last week.

150 Years of Boondoggles

Today is the 150th anniversary of the pounding of the gold spike that represented completion of the first transcontinental railroad.

Transit’s Growing Costs Drive Away Low-Income Commuters

The Census Bureau’s 2017 American Community Survey revealed that, for the first time, the median income of transit commuters has risen above the median income of all American workers.

California High-Speed Rail

The apparent death of California high-speed rail has led to a spate of stories asking, “What went wrong?”

Public Transit's Decline

Nationwide transit ridership has declined steadily since 2014, with some of the largest urban areas, including Atlanta, Miami, and Los Angeles, losing more than 20 percent of their transit riders in the last few years.

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