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the Movement.

Market Trend

Rail Captures Market Share

Offering faster, more productive, more convenient and more comfortable travel along densely traveled corridors, intercity railroads commonly capture a significant share of their relevant travel market, even at fare levels that are often higher than the cost of driving or flying. These markets represent travel destinations that are ‘‘too long to drive, too short to fly’’ for many travelers, making travel by rail the most effective, efficient and viable mode of transportation.

Market Trend

High-Speed Rail at an all-time high

Rail travel in the U.S. and throughout the world has grown at a faster rate than any other major mode of travel. Total U.S. intercity rail passengers grew at almost double the rate of U.S. gross domestic product, and approximately triple the rate of travel by air and car over the same period.*

*Brookings Institute

Market Trend

MORE ATTENTION ON MOBILE DEVICES

Americans are spending an increasing portion of their days using mobile devices, both for work and personal activities. Trains offer more time to engage with these devices – creating a greater sense of productivity and freedom.

Market Trend

FIRST & LAST-MILE RIDESHARING IS THE PERFECT COMPLEMENT

The emergence of rideshare services such as Uber and Lyft, makes passenger rail service even more accessible.

Market Trend

DRIVING IS LESS OF A DRIVER FOR YOUNGER AMERICANS

Many Americans, particularly younger Americans, are seeking new means of travel in lieu of driving their own cars. Millennials represent approximately 70% of Uber users in the U.S., are three times more likely than certain other age groups to use public transit, and are less likely to obtain driver’s licenses (only 45% of 17 year olds held a driver’s license in 2014, compared to 75% in 1978).

Market Trend

PASSENGER TRAVEL IS ONE OF THE NATION’S LARGEST MARKETS

With over 400 million trips taken annually, our disruptive movement is grabbing a share of this massive market in one of the most travelled states and beyond.

Market Trend

MORE FOCUS ON EFFICIENCY

Compared to other modes of travel, rail is substantially more fuel efficient per trip than driving or flying. Rail travel is also cleaner and greener – which is becoming more important to travelers.

Market Trend

SAFETY IS AN ISSUE

U.S. motor-vehicle deaths in recent years have hit record numbers and are increasing at an alarming rate, including the I-95 corridor in Miami-Dade which is the deadliest interstate road in America as measured by fatalities per roadway mile.