Amtrak Deteriorated Financial And Operating Conditions Threaten Long Term Viability

Author : United States Accounting Office (GAO)
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781719277198
Total Pages : 34 pages
Book Rating : 4.92/5 ( download)

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Download or read book Amtrak written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-18 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amtrak: Deteriorated Financial and Operating Conditions Threaten Long-Term Viability

Author : United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Railroads
Publisher :
ISBN 13 :
Total Pages : 6 pages
Book Rating : 4.76/5 ( download)

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Download or read book AMTRAK written by United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Railroads and published by . This book was released on 1995 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Railroad, travel.

Author : Kenneth M. Mead
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.81/5 ( download)

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Download or read book Amtrak, Deteriorated Financial and Operating Conditions Threaten Long-term Viability written by Kenneth M. Mead and published by . This book was released on 1995 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.21/5 ( download)

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Download or read book Amtrak: Deteriorated Financial and Operating Conditions Threaten Long-Term Viability, U.S. GAO, March 23, 1995 written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States Accounting Office (GAO)
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781719239646
Total Pages : 24 pages
Book Rating : 4.49/5 ( download)

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Download or read book Amtrak written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-18 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amtrak: Deteriorated Financial and Operating Conditions

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.18/5 ( download)

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Download or read book Amtrak: Deteriorated Financial and Operating Conditions Threaten Long-Term Viability, U.S. GAO, March 2, 1995 written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : U S Government Accountability Office (G
Publisher : BiblioGov
ISBN 13 : 9781289121143
Total Pages : 24 pages
Book Rating : 4.41/5 ( download)

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Download or read book Amtrak written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO discussed Amtrak's financial and operating conditions and its fiscal year 1996 request for appropriations. GAO noted that: (1) Amtrak's financial condition has deteriorated steadily since 1990 and its ability to provide nationwide service is threatened; (2) federal subsidies in recent years have not covered the widening gap between Amtrak's expenses and revenues; (3) Amtrak drew down its working capital from a positive balance of $113 million in 1987 to a negative balance of $227 million in 1994 to meet immediate cash needs; (4) Amtrak addressed its financial situation by assuming debt, deferring maintenance, and reducing staffing, which caused a decline in service quality, ridership, and revenues; (5) Amtrak plans to reduce expenses by adjusting routes and service frequencies, retiring its oldest cars, reducing staff, and improving service and productivity; (6) even if its plan is completely successful, Amtrak will need an additional $1.3 billion in federal support to meet all of its expenses through 2000; (7) Amtrak forecasts a $2.6-billion shortfall if federal support is phased out; (8) Amtrak needs significant increases in passenger revenues or subsidies to overcome its financial problems, although revenues are not likely to increase due to fare competition from the airlines; (9) Amtrak must soon negotiate new labor agreements and agreements with freight railroads to use their track; and (10) it is uncertain what consequences will ensue in the absence of additional federal support.

Author : Kenneth M. Mead
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.90/5 ( download)

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Download or read book Amtrak written by Kenneth M. Mead and published by . This book was released on 1995 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Kenneth M. Mead
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.16/5 ( download)

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Download or read book Amtrak written by Kenneth M. Mead and published by . This book was released on 1994 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : DIANE Publishing Company
Publisher : DIANE Publishing
ISBN 13 : 9780788117831
Total Pages : 117 pages
Book Rating : 4.31/5 ( download)

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Download or read book Intercity Passenger Rail written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1995-06 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assesses Amtrak's deteriorating financial & operating conditions. Addresses the likelihood that Amtrak can overcome its financial & operating problems & presents alternative actions that could be considered by the Congress in deciding on Amtrak's future mission & on commitments to fund the railroad. 36 figures, graphs & tables.