Intercity Passenger Rail
Intercity Passenger Rail

Author: Phyllis F. Scheinberg

Publisher: DIANE Publishing

Published: 1998-06

Total Pages: 52

ISBN-13: 9780788179761

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Since it began operations in 1971, the National Railroad Passenger Corporation (Amtrak) has never been profitable, & it remains heavily dependent on substantial federal operating & capital subsidies. This report examines: (1) financial performance of Amtrak's current routes, (2) implications for Amtrak of multiyear capital requirements & declining federal operating subsidies, & (3) the effect on Amtrak of reforms contained in the Amtrak Reform & Accountability Act of 1997. It relies on Amtrak's financial data & performance measures to assess the performance of Amtrak's 40 routes. Charts & tables.

Amtrak's Financial Situation
Amtrak's Financial Situation

Author: Kay Bailey Hutchinson

Publisher: DIANE Publishing

Published: 1999-12

Total Pages: 107

ISBN-13: 078818556X

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A hearing held to look at the current financial situation of Amtrak and to determine the best way to handle Amtrak's fiscal and financial situation, including the best way to address capital needs. Witnesses include: Thomas M. Downs, Pres. and CEO, Amtrak; Donald M. Itzkoff, Deputy Administrator, Federal Railroad Admin., U.S. Dept. of Transportation; Phyllis F. Scheinberg, Assoc. Dir., Transportation Issues, Resources, Community, and Economic Development, General Accounting Office; Karen Borlaug Phillips, Assoc. of American Railroads; and Senators Kay Bailey Hutchison, John McCain, Ron Wyden, Daniel K. Inouye, and John F. Kerry.

Amtrak's Financial Situation
Amtrak's Financial Situation

Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine

Publisher:

Published: 1998

Total Pages: 112

ISBN-13:

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Amtrak's Financial Situation
Amtrak's Financial Situation

Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine

Publisher:

Published: 1998

Total Pages: 108

ISBN-13:

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Amtrak Management
Amtrak Management

Author: JayEtta Z. Hecker

Publisher: DIANE Publishing

Published: 2006-03

Total Pages: 164

ISBN-13: 9781422304587

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Amtrak has struggled since its inception to earn sufficient revenues & operate efficiently. In June 2002, Amtrak's new pres. began major efforts to improve efficiency. However, the financial condition of the company remains precarious, requiring a fed. subsidy of more than $1 billion annually. Capital backlogs are now about $6 billion, with over 60% being attributable to its mainstay Northeast Corridor service. This report reviewed Amtrak's: (1) strategic planning, (2) financial reporting & financial management practices, (3) cost containment strategies, (4) acquisition management, & (5) accountability & oversight. Includes recommendations. Charts & tables.