Intercity passenger rail Amtrak needs to improve its decisionmaking process for its route and service proposals.

Intercity passenger rail Amtrak needs to improve its decisionmaking process for its route and service proposals.
Author:
Publisher: DIANE Publishing
Total Pages: 45
Release: 2002
Genre:
ISBN: 1428945105

The National Railroad Passenger Corporation (Amtrak) is the nation's intercity passenger rail operator. In recent years, facing the continuing deterioration of its financial condition and its attempt to eliminate its need for federal operating assistance by December 2002, Amtrak undertook a number of actions intended to improve its financial condition. Among these actions were changes in its routes and services. Starting in 1995, Amtrak began reducing service and eliminating routes to reduce costs, although this strategy was ultimately unsuccessful. In December 1999, Amtrak's board of directors shifted its route and service strategy toward planning to implement new routes and expand services (called the Network Growth Strategy) on the freight railroad tracks over which Amtrak operates. It estimated that this expansion, involving 15 routes, would yield about $66 million in net financial benefits through fiscal year 2002, primarily from expanding its mail and express business, and help Amtrak move toward operational self-sufficiency.

Intercity Passenger Rail

Intercity Passenger Rail
Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
Total Pages: 46
Release: 2018-02-03
Genre:
ISBN: 9781984985224

Intercity Passenger Rail: Amtrak Needs to Improve Its Decisionmaking Process for Its Route and Service Proposals

Intercity Passenger Rail

Intercity Passenger Rail
Author: U S Government Accountability Office (G
Publisher: BiblioGov
Total Pages: 48
Release: 2013-06
Genre:
ISBN: 9781289088965

In light of its continuing financial deterioration and its stated goal of eliminating federal operating assistance by December 2002, Amtrak undertook several steps to improve its financial condition, including changing in its routes and services. Amtrak has been unsuccessful in implementing its Network Growth Strategy to shift its route and service plans for new routes and expanded services on the freight tracks over which it operates. Two years after announcing the new strategy, Amtrak has only implemented three routes, one of which was later canceled. Amtrak still plans to implement the remaining three routes, although later than planned. Increased mail and express revenues were the cornerstone of the new strategy. However, Amtrak overestimated the mail and express revenue expected. According to Amtrak, this overestimation occurred because (1) it had no empirical basis for its revenue estimates and (2) express shippers were reluctant to enter into contracts for service that did not yet exist. Six of the planned route actions were canceled because Amtrak overestimated the revenues associated with them. Amtrak was unable to reach agreement with freight railroads because they were concerned about (1) Amtrak's plans to operate additional trains in already congested areas, (2) Amtrak's plans to carry express merchandise that might compete with their own business, and (3) compensation that Amtrak would pay for use of their tracks.

Getting Acela Back on Track

Getting Acela Back on Track
Author: United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Railroads
Publisher:
Total Pages: 144
Release: 2005
Genre: High speed trains
ISBN: