Brightline Trains Florida’s July Ridership Flat Over Prior Month

July ridership on Brightline Trains Florida, the private passenger rail that runs from Miami to Orlando, grew less than 1% over the previous month, according to a Friday securities filing.

• Brightline reported preliminary July ridership of 255,472 passengers in advance of a planned $985 million mandatory tender next week
  • Brightline carried 90,882 passengers between Miami and West Palm Beach
  • Railroad carried 164,590 riders between Miami and Orlando
• Brightline reported $17.2 million in revenue for July, a 1.78% increase over June
• Preliminary results weren’t independently audited and actual results “could be different, and could differ materially,” Brightline said
• “Investors should ...