A STRONG YEAR FOR VIA RAIL AS RIDERSHIP CONTINUES TO BOUNCE BACK (2024)

News provided by

VIA Rail Canada Inc.

May 14, 2024, 10:00 ET

HIGHLIGHTS

From January 1st to December 31, 2023

  • Total revenues increased by $197.7 million (29.2%) compared to 2022 due to an increase in frequencies and higher demand;
  • 4.1 million passengers rode VIA Rail trains in 2023, an increase of 815,000 (24.7%) compared to 2022;
  • The Corporation pursued its modernization with the introduction of more new trains in the Corridor and the launch of a new reservation system offering a more intuitive booking experience for our customers.

MONTRÉAL, May 14, 2024 /CNW/ -More than four million passengers chose to travel by trainin 2023 with VIA Rail marking its highest ridership numbers since 2019. Year over year, ridership was up 24.7 per cent, and the Corporation achieved important milestones in its modernization projects delivering on its vision to be the smarter way to move people.

"2023 was a pivotal year for VIA Rail as we introduced new equipment, launched a modern new reservation system, restored several key train frequencies in the Québec City–Windsor corridor, and achieved a significant increase in revenues," said Françoise Bertrand, VIA Rail's Chairperson of the Board of Directors. "The end result is that we were able to better serve our customers and build the foundation for our future growth."

2023 also marked the arrival of VIA Rail's new President and Chief Executive Officer, Mario Péloquin, who joined the Corporation in June. "It has been an exciting journey to be jumping aboard at a time when VIA Rail and passenger rail worldwide are inthe midst of a profound and far-reaching transformation," said Mario Péloquin. "VIA Rail has already made substantive progress towards shaping the future of rail travel in Canada, and in 2023 we took significant steps forward, reflecting our commitment to modernization and a better travel experience for our passengers."

ALL ABOARD THE NEW FLEET

The progressive entry into service of the new Corridor fleet continued in 2023, allowing VIA Rail to offer a more comfortable, fully accessible, and more sustainable experience to more Canadians along the Québec City – Windsor corridor.

In October 2023, VIA Rail officially launched the commercial service of the new fleet on the OttawaToronto route. As a result, the four major cities in the Corridor (Québec City, Montréal, Ottawa, and Toronto) and all communities in between are now connected by these new trains. As of December 31, 2023, 12 of the 32 new train sets had been received, and the Corporation eagerly anticipates connecting more Canadians in the Corridor with its new fleet in 2024.

A NEW RESERVATION SYSTEM FOR AN EASY AND INTUITIVE EXPERIENCE

In November, VIA Rail launched its new reservation system offering a simplified, more convenient, accessible, and autonomous experience for our customers. More than an update of the reservation process, this modernization project fully overhauled all related infrastructure and systems (such as the loyalty program and point-of-sale system).

This new reservation system allows customers to enjoy new features, such as autonomous seat selection, as well as a simplified process to book online for a wider variety of needs.

PASSENGERS FIRST

VIA Rail always aims for excellence. This year its efforts were recognized in Léger's 2023 Reputation Study, where the Corporation earned the title of most reputable company in the transportation sector. VIA Rail increased its point total in the survey by 4 points from the year prior and bypassed all other transportation companies for the first time since the launch of this study.

The study also recognized the efforts made by VIA Rail to foster a positive and inclusive company culture, by ranking VIA Rail as Canada's first employer of choice among transportation companies.

THE FUTURE OF VIA RAIL'S SERVICES

Across Canada, VIA Rail operates on long-distance, regional, and remote (LDRR) routes, such as the Canadian or the Ocean. While parts of these services are geared toward offering a unique tourist experience to Canadians and visitors from around the world, these routes also serve as a lifeline for isolated communities across the country, who rely on them to access essential services and goods.

We are thrilled that the recent federal budget has allocated funding for VIA Rail to proceed with its transformative project to replace the trains operating on our long-distance, regional, and remote routes. This significant investment marks a milestone in our journey to redefine passenger rail in every region of the country over the coming years.

We'd like to thank the Government of Canada for their continued support and confidence in our vision. This demonstrates a shared commitment to enhancing sustainable transportation across the nation.

VIA Rail's annual report is available at: https://media.viarail.ca/en/reports

About VIA Rail

VIA Rail Canada's mandate is to operate the national passenger rail service on behalf of the Government of Canada, and to provide a safe, accessible, efficient, reliable, sustainable, and environmentally responsible service that meets the needs of Canadian passengers. VIA Rail operates intercity trains connecting over 400 communities across Canada and ensuring rail transportation services to regional and remote communities. The Corporation safely transported over four million passengers in 2023 and has been awarded nine Safety Awards and three Environment Awards by the Railway Association of Canada. For more, visit our website: https://corpo.viarail.ca/en.

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SOURCE VIA Rail Canada Inc.

A STRONG YEAR FOR VIA RAIL AS RIDERSHIP CONTINUES TO BOUNCE BACK (2)

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A STRONG YEAR FOR VIA RAIL AS RIDERSHIP CONTINUES TO BOUNCE BACK (2024)

FAQs

A STRONG YEAR FOR VIA RAIL AS RIDERSHIP CONTINUES TO BOUNCE BACK? ›

Year over year, ridership was up 24.7 per cent, and the Corporation achieved important milestones in its modernization projects delivering on its vision to be the smarter way to move people.

Is VIA Rail often delayed? ›

It's why Via Rail trains are often late, and it seems to be worsening. While Via's on-time performance has hovered around 70 per cent for roughly a decade, it dropped to 57 last year. This year, trains were on time half of the time during Via's third quarter, ending Sept. 30.

Who is VIA Rail owned by? ›

VIA Rail Canada, Inc., Canadian state-owned passenger-railway system.

Is VIA Rail safe? ›

VIA Rail is one of the most accessible travel options in Canada, and you can always count on us for a safe, comfortable, and more autonomous way to travel. You'll enjoy a unique experience, one-of-a-kind services, and a warm welcome. We take care of everything so you can focus on what's important to you.

Is VIA Rail profitable? ›

Over its 38 years of operations, VIA Rail has not yet achieved financial self-sufficiency or profitability.

Can I get compensation for a delayed train? ›

In case a train is delayed by more than three hours and one does not want to travel, refund can be claimed and the entire amount can be taken back. Passengers will have to file Ticket Deposit Receipt (TDR) to claim refund. Read to know process of filing TDR..

Why are Via Rail trains so slow? ›

The reason it's so slow is that we're sharing tracks with freight trains. There are so many freight trains, they have complete priority, and because of that, we're always delayed.

What railroad does Warren Buffett own? ›

Warren Buffett's Berkshire Hathaway acquired BNSF Railway in February 2010, obtaining all of its shares and taking the company private.

Who are VIA Rail competitors? ›

VIA Rail Canada's competitors and similar companies include Keolis, Valley Transportation Authority, CPKC and Rocky Mountaineer. VIA Rail Canada is a company that operates the national passenger rail service on behalf of the Government of Canada.

Does VIA Rail go to the USA? ›

We have a partnership with Amtrak, the U.S. passenger rail service. If you are in Canada and wish to book a one-way or round trip between Toronto and New York City, you can do so on the VIA Rail website or by phone at 1 888 VIA-RAIL (1 888 842-7245), TTY 1 800 268-9503 (for persons who are deaf or hard of hearing).

What is not allowed on VIA Rail? ›

Gasoline, petroleum spirits, oil-based paint, lacquer, stains, shellac, oils, wood alcohol, lighter or heating fuels, matches, charcoal briquettes and any other ignitable substance.

Can you shower on VIA Rail? ›

Yes, there are washrooms on every VIA Rail train. There are showers on some of our trains, depending on the route. For long distance trains (e.g. the Canadian and the Ocean), private washrooms and shared shower rooms are available for cabins. Berths have access to a shared washroom and a shared shower room in each car.

Can you bring food on VIA Rail? ›

Wi-Fi is available on all short trips within the Québec City – Windsor corridor so you can stay connected. You can bring your own food on the train, and there are also snacks, meals, and beverages available to purchase on board.

What is the richest railroad company? ›

Union Pacific Corporation

Is VIA Rail a monopoly? ›

Today, Via acts almost as a monopoly on passenger rail travel for over 3.3 million passengers per year over 14,000 kilometers of track connecting 450 communities from sea to sea.

Which train company makes the most money? ›

Union Pacific Railroad leads the market

In 2022, the company generated some 23.16 billion U.S. dollars in freight revenue and employed more than 30,700 people in that year.

Is Via Rail punctual? ›

In the 2022 fiscal year, 57 percent of Via Rail Canada's trains reached their end point on time.

What percentage of trains are delayed? ›

Using the Public Performance Measure (PPM), 86.8% of trains were punctual (early or less than 5/10 minutes after the scheduled arrival time) at their final destination in the latest quarter. The proportion of trains classified as Cancellations in the latest quarter was 3.3%.

How long are train delays usually? ›

Amtrak On-Time Performance Trends and Hours of Delay by Cause
Trip length (miles)Minutes late at endpoint
0–25010 or less
251–35015 or less
351–45020 or less
451–55025 or less
1 more row

Why is the train always delayed? ›

Waiting for freight trains is the largest cause of passenger train delays, according to Amtrak. America's rail network is set to favor freight trains, even though, by law, passenger trains should get priority. As a practical matter, the law is difficult to enforce.

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