Amtrak announces ultra-cheap fares for late-night rides on popular routes | | StockXpo

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Amtrak announces ultra-cheap fares for late-night rides on popular routes

Published: Thursday, March 16, 2023 · 7:05 PM  |  Updated: Thursday, March 16, 2023 · 7:05 PM

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🗝️ Key Points

  • People walk to an Amtrak train in the Moynihan Train Hall on September 15, 2022 in New York City.Spencer Platt | Getty ImagesNight owls (or extra early birds) will now pay less.
  • on select Northeast lines.The cheaper routes will serve stations in its Northeast Corridor like New York, Washington D.C., Baltimore, Philadelphia and more.
  • Key business update or insight will appear here.

People walk to an Amtrak train in the Moynihan Train Hall on September 15, 2022 in New York City.

Spencer Platt | Getty Images

Night owls (or extra early birds) will now pay less to ride Amtrak.

The Company on Thursday announced a slate of $5 to $20 train fares for routes running between 7 p.m. and 5 a.m. on select Northeast lines.

The cheaper routes will serve stations in its Northeast Corridor like New York, Washington D.C., Baltimore, Philadelphia and more. A late-night train from New York to Newark, New Jersey, for example, will cost as little as $5.

The discounts are aimed at “travelers returning from concerts, plays, sporting events or those who prefer later or earlier departures,” the company wrote in a Thursday announcement.

The new late-night price tier could relieve some cost pressure on travelers who continue to spend even as inflation squeezes their wallets. Flight bookings, for example, have stayed strong as consumers put a premium on travel after the pandemic hiatus.

Amtrak’s Northeast route in particular has become more expensive to ride in the past year, sometimes even outpacing airline tickets, as the corridor is popular among commuters and connects major cities across the region.

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