Intercity Passenger Rail: Financial Performance of Amtrak’s Routes

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Our Price: $20.00

Year: 1998
Pages: 49
Binding Paperback

Product Code: 0788179764

Description

Phyllis F. Schienberg. 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.

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