Brightline Florida Says Early February Cold Snaps Hit Revenue

Ridership and revenue on Brightline Trains Florida, the private passenger rail that runs from Miami to Orlando, was depressed by cold snaps in early February that brought record-breaking low temperatures to parts of southwest Florida, the company said.

• Ridership and revenue were flat in the first 10 days of February compared to the same month last year, the company said in a securities filing late Friday
• Performance in the second half of the month was “markedly better,” and positive momentum has carried over into March, Brightline said.
• Brightline reported $18.3 million in revenue in Feb., an 8% increase over ...