Amtrak officials said Thursday they consider the redevelopment of Baltimore’s Penn Station to be “critical” and will continue to move forward on the project even as the railroad company suffers a major financial hit due to Covid-19. Chairman Anthony Coscia said during a teleconference that Amtrak will likely lose $700 million in adjusted operating earnings due to the pandemic, and it’s possible the losses could be greater. Ridership has fallen 95% and Amtrak has temporarily suspended several of…
from https://www.bizjournals.com/baltimore/news/2020/04/23/amtrak-to-move-forward-with-critical-penn-station.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/616220160719814656
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