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Why Amtrak's On-Time Performance Is So Much Worse This Year

The passenger rail carrier lost its leverage with freight rail companies after a federal appeals court ruling in 2013.
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It's not just your imagination—Amtrak really has been delayed more than usual lately. According to the passenger rail corporation's latest monthly performance report, on-time arrival stands at roughly 74 percent for fiscal 2014 (which began in October 2013). That's down nearly 12 points from fiscal 2013, when Amtrak was on-time for 85 percent of its trips.

So what gives? Well, if you look closer at the above chart, you'll notice a clear dip between May and June of 2013. On-time performance fell from 83 percent to 76 percent between those months, and it's remained below the 80 percent-mark ever since.