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Amtrak's annual losses at lowest level since 1975

Associated Press
Amtrak's annual losses at lowest level since 1975

This undated handout photo provided by Amtrak shows the exterior of an electric Amtrak locomotive scheduled for delivery in 2013. Amtrak's fiscal 2012 operating loss was the lowest in nearly 38 years, which is a sign of progress, Joseph Boardman, the railroad's president and CEO, said Thursday. The $361 million loss for the year ending Sept. 30 was down 19 percent from the previous year. The last time Amtrak losses were less was 1975. (AP Photo/Amtrak)

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