Current Amtrak Financial Condition PDF Download
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Author | : United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Railroads |
Publisher | : |
Total Pages | : 196 |
Release | : 1997 |
Genre | : Transportation |
ISBN | : |
Download Current Amtrak Financial Condition Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 32 |
Release | : 1994 |
Genre | : |
ISBN | : |
Download Amtrak: Financial Condition Has Deteriorated and Future Costs Make Recovery Difficult Book in PDF, ePub and Kindle
Author | : Kenneth M. Mead |
Publisher | : |
Total Pages | : 32 |
Release | : 1994 |
Genre | : |
ISBN | : |
Download Amtrak Book in PDF, ePub and Kindle
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 32 |
Release | : 1999 |
Genre | : Railroads |
ISBN | : |
Download Intercity Passenger Rail Book in PDF, ePub and Kindle
Author | : Phyllis F. Scheinberg |
Publisher | : DIANE Publishing |
Total Pages | : 52 |
Release | : 1998-06 |
Genre | : Transportation |
ISBN | : 9780788179761 |
Download Intercity Passenger Rail Book in PDF, ePub and Kindle
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.
Author | : Phyllis F. Scheinberg |
Publisher | : |
Total Pages | : 24 |
Release | : 1997 |
Genre | : Federal aid to transportation |
ISBN | : |
Download Intercity Passenger Rail Book in PDF, ePub and Kindle
Author | : Susan Molinari |
Publisher | : |
Total Pages | : 189 |
Release | : 1998-10 |
Genre | : |
ISBN | : 9780788172861 |
Download Current Amtrak Financial Condition Book in PDF, ePub and Kindle
An update on Amtrak's financial situation, which is in a state of crisis. Witnesses include the deputy administrator of the Federal Railroad Administration, & the associate director for transportation issues, U.S. General Accounting Office. Thomas M. Downs, the Chairman, Pres. & CEO of Amtrak also appeared & submitted the following for the record: The GapÓ -- operating grants vs. budget assumptions, federal capital appropriations: FY 1976-1997, outstanding debt/capital lease obligations: FY1987-2002, principal & interest expense: FY 1997-2002, Amtrak's glidepath to self-reliance, & the 1/2 cent solution.
Author | : JayEtta Z. Hecker |
Publisher | : DIANE Publishing |
Total Pages | : 164 |
Release | : 2006-03 |
Genre | : |
ISBN | : 9781422304587 |
Download Amtrak Management Book in PDF, ePub and Kindle
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.
Author | : Barry Thomas Hill |
Publisher | : |
Total Pages | : 16 |
Release | : 1995 |
Genre | : Federal aid to transportation |
ISBN | : |
Download Amtrak Book in PDF, ePub and Kindle
Author | : U S Government Accountability Office (G |
Publisher | : BiblioGov |
Total Pages | : 34 |
Release | : 2013-06 |
Genre | : |
ISBN | : 9781289046026 |
Download Amtrak Book in PDF, ePub and Kindle
Pursuant to a congressional request, GAO discussed Amtrak's financial condition and the challenges facing the corporation. GAO noted that: (1) although Amtrak has improved its revenue-to-expense ratio, its budget requests have increased steadily; (2) Amtrak's ability to repay its debt and provide quality nationwide service may be jeopardized because its financial condition has significantly deteriorated and annual operating deficits total $102 million; (3) although Amtrak's efforts to generate additional revenue and reduce operating expenses have helped short-term financial problems, these actions will not be able to cure its long-term financial problems; (4) Amtrak will need to maintain its aging passenger cars, modernize its repair facility and locomotive and passenger car fleet, acquire high-speed trains, continue rail improvements in the North Corridor, and negotiate new agreements with freight railroads and labor unions to operate a viable nationwide network; and (5) Congress will need to review Amtrak's overall objective, ensure that Amtrak's budget is adequate to meet any new rail service goals, and reauthorize Amtrak's 1995 budget to help it address its operating deficit.