United States Department of Transportation
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North Coast Hiawatha Restoration: A Solid Return for Taxpayers and Business
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2021-01-01
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[PDF-1.89 MB]
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Abstract:Rail Passengers assesses that restoring the North Coast Hiawatha as a daily Amtrak service would generate $271 million each year in economic benefits to the seven states served while costing Amtrak roughly $68 million per year to operate – a cost offset 66% by collection of $41 million each year in fares and other customer revenue. As many as 426,000 passengers can be expected to take this train each year once it reaches a steady state of operation, including perhaps as many as 29,000 new passengers who would not otherwise travel at all using any travel mode if the train did not exist.
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