Surging Amtrak Seeks Green Light From Congress

For a company coming off its best year ever, Amtrak faces a strange challenge in 2020: convincing its owner, the federal government, that the railroad is running in the right direction.

The national passenger railroad reported an adjusted operating loss of $29.8 million in the fiscal year ended Sept. 30, the best financial performance in Amtrak’s nearly 50-year history. While the railroad still faces a backlog of capital investment worth billions of dollars, the earnings show it moving closer to the goal of Chief Executive...

Profitability is not necessarily efficient. If you target efficiency and effective managment, technology, operations and maintenance you can achieve good service and profitability. When you focus on profits greed takes over. Does it have a GREAT Mission Statement?

The government is only happy when their projects lose money.

If Amtrak doesn’t go back to dining cars and actually goes forward w getting rid of sleeping cars all is lost!

taxpayers subsidize about $11 for each rider , if we didn't there would be no amtrac

Amtrak would be fantastic if conservative lawmakers weren’t continuing their decades-long campaign to cripple it out of spite; drastically underfunding it (while at the same time demanding they operate useless, super-costly long distance routes through red districts and states)

Cut the crap, these okd robber barons are stall and want a death grip on rail. Time for a new vision, USA needs High Speed Rail.

Road to profitability is a tough one on labour, less labour doesn’t always equal better profits.

But like everything else including healthcare... capitalism with no cap is greed and not viable!

German New year 2020

Amtrak should use hiper speed train with minimum speed 300 kmh

It's attempt to maintain national service is the problem. No one wants it. Focus on regional service focused on DC-BOS, LA-SEA, CHI hub to -MNP -MILW -DET -STL, etc

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

8 Interior Design Predictions For 2020 (And What's On Its Way Out)The experts weigh in on the interior design trends they predict to be big in 2020.
Source: voguemagazine - 🏆 715. / 51 Read more »

US troops fire tear gas at pro-Iran protesters in IraqUS Marines guarding the embassy fired tear gas as more crowds arrived and after the protesters lit a fire on the roof of the reception area. Protestors not rioters. Pl correct it Come on are you that naive 😎They are american kids trying to show it is fair to fight back that assault. Hadi biraz akıllı ol da düzelt şu twiti American terrorists go home
Source: trtworld - 🏆 101. / 63 Read more »

Wild card Saints ready to defy odds in NFL playoffsSince the wild card system began in 1970, only two NFC wild card teams have won the Super Bowl: the 2007 New York Giants and the 2010 Green Bay Packers.
Source: trtworld - 🏆 101. / 63 Read more »

Mysterious drone swarms over Colorado, Nebraska unleash origin theoriesA formation of unidentified drones, some in groups of 30, have been reported flying high above a corner of rural northeast Colorado and western Nebraska. This is the future Shoot them down! UFD sightings
Source: NBCNews - 🏆 10. / 86 Read more »

Fatal Tesla crash in Gardena being investigated by NHTSAPolice said a Tesla exited the freeway, ran a red light and slammed into a Honda Civic on Sunday.
Source: latimes - 🏆 11. / 82 Read more »

3-2-1: Watch how the world welcomed 2020WATCH: From New Zealand to New York City, revelers around the world gathered to see in the New Year with fireworks and dazzling light shows. 3-2-1: Watch How The World Welcomed 2020 | NBC News via YouTube
Source: NBCNews - 🏆 10. / 86 Read more »