Amtrak Reports Record Year

    NEWARK, NJ - FEBRUARY 08: An Amtrak train waits in Newark Penn Station on February 8, 2011 in Newark, New Jersey. Amtrak, a government-owned corporation, has joined up with New Jersey's two U.S. senators to propose a new rail link to New York City under the Hudson River. The "Gateway Project", which was formally proposed on Monday, would include two tunnels under the Hudson River and increase the train traffic under the river from 62 trains per day to 92 and cost an estimated $13.5 billion. This plan is looked at as an alternative after New Jersey Governor Chris Christie killed another rail link plan last year after he deemed it too costly to New Jersey residents.  (Photo by Spencer Platt/Getty Images)

    Spencer Platt / Getty Images

    Apparently, people still take trains. Amtrak just completed another record year—31.2 million passengers in fiscal 2012, which ended in September. That’s up 3.5 percent from the previous year. Virtually every sector saw growth, but the numbers were driven higher largely by the fact that on the East coast, trains are taking market share from planes. Traffic on the Boston-Washington corridor, favored by elites and college students, rose 4.8 percent to 11.4 million.

    Read it at Read at Amtrak: