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

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


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.



Source

How the ‘K-shaped’ economy is showing up at two big U.S. gyms
Business

How the ‘K-shaped’ economy is showing up at two big U.S. gyms

Two of the largest U.S. gym operators delivered the same headline in their latest earnings reports: strong growth. But beneath the surface, Life Time Group Holdings and Planet Fitness told very different stories about the American consumer. They highlighted a widening divide between higher-income households that continue to spend freely and more price-sensitive consumers who […]

Read More
NASA is sending its first Black and first female astronauts to the moon
Business

NASA is sending its first Black and first female astronauts to the moon

NASA is preparing to launch a mission to the moon — and it’s making history for more reasons than one. The space agency’s Artemis II launch marks the U.S.’s first journey back to the moon in more than 50 years. It will also carry the first Black astronaut and the first female astronaut to travel […]

Read More
WBD employees fear coming wave of job losses as Paramount tops Netflix’s bid to acquire company
Business

WBD employees fear coming wave of job losses as Paramount tops Netflix’s bid to acquire company

The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance‘s acquisition offer over Netflix‘s, but it also terrified a lot of its employees. While some of those people own WBD shares and may prefer the financials of Paramount’s $31-per-share bid to Netflix’s $27.75-per-share offer, CNBC spoke to 10 WBD […]

Read More