¶ … financial funding system for Amtrak doesn't work and what can be done about it.
Review current materials on the issue.
Amtrak is doomed to failure, even with government subsidies if it does not improve service, become more efficient and find ways to increase revenue not just rider-ship.
[Amtrak]
Congress initially created Amtrak in 1970 as a for-profit organization, offering national rail service. It was signed into existence in 1971 and to date has never produced a profit. In 1997, Congress's Amtrak Reform and Accountability Act stipulated that the rail system had to achieve operational sufficiency by the end of 2002 and prohibits Amtrak from using any federal funds for operating expenses after fiscal 2002.
Rail travel has a lot of benefits to offer passengers who do not want to endure the hassles of flying or some of the negative effects of long flights. Rail travel is more comfortable and provides more amenities than flying. So why isn't Amtrak more successful?
One of the most significant problems faced by Amtrak is that it is underdeveloped and not marketed as successfully as the airlines. Amtrak need to build its short-distance services between cities, much the way buses do. Each day, only 64,000 passengers take Amtrak service. On the same day, 15 times more people (984,000) use inter-city busses, and a massive 1.8 million are forced to endure airplane flights. Amtrak need to grow to reach critical mass and drive success.
After 9/11, Amtrak experienced a surge in passenger travel. Because of increased security checks at airports and the resulting delays, Amtrak achieved a small competitive advantage. Of course, Amtrak now also requires passengers to show valid photos Ids and will most likely implement some type of baggage checking.
Most recently, Amtrak has asked for $3.2 billion in what it terms "disaster aid." But Amtrak really isn't facing disaster because it did profit from people's reluctance to fly after 9/11 and became...
Your motivation The motivation that makes the researcher to investigate this problem is to assist Amtrak to cut costs to generate yearly profitability. It is essential to realize that the government is funding a business that is not generating profits due to the inefficiency of the company management. The annual grant giving to the company is the taxpayer money that needs to be diverted into other useful venture. The Amtrak Company
Honolulu Rail Honolulu's Impeding Rail System: Addressing the Necessary Factors to Ensure the Successful Implementation of a Mass Transit Rail System in Honolulu, Hawaii The Honolulu High-Capacity Transit Corridor Project has already gone through a plethora of designs and revisions and has recently the project has been approved by the governing authorities. The project is meant to address many issues that can propel Honolulu into a more sustainable direction. Inspiration for this project
public budgeting comparisons of the federal, state and local budget distributions. This thesis will be focused on whether or not the increased budget allocations for transportation in the federal, state and local government will enhance travel security, efficiency, performance measures and R&D development in the domain. The thesis will start off with a proposal for an agency that works across and is allocated budget in all the federal, state
Chapter 2: Review of Related Literature Chapter Introduction This chapter provides the background and an overview of the debate concerning national health insurance and the issues surrounding the provision of universal health care in the United States. A discussion of the implications of universal health care for private insurance carriers and other stakeholders is followed by a review of the criticisms being directed at current efforts to reform health care in the
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