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Home > Company Index > Transportation > Railroads > National Railroad Passenger Corporation

National Railroad Passenger Corporation
 PROFILE
Fueled by government dollars, Amtrak keeps on chugging, hoping to operate under its own steam. The National Railroad Passenger Corporation, better known as Amtrak, carries 22.5 million passengers a year and operates over 22,000 miles of track in 45 US states. A for-profit company that has never been profitable, Amtrak is almost wholly owned by the US Department of Transportation and receives large subsidies (more than $360 million in 2000) from the federal government, which wants Amtrak to be self-sufficient. To do that by 2003, Amtrak has introduced its Acela high-speed service for the Boston-Washington, DC, commuter route and is carrying mail and other express cargo to boost revenues.

 COMPETITION
AMR Corporation (AMR)
Delta Air Lines, Inc. (DAL)
Greyhound Lines, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 2,110.80
1-Yr. Sales Growth: 3.4%
Employees: 25,000
Revenue per employee: $84,432.00

 KEY PEOPLE
• George D. Warrington
    CEO
• Arlene R. Friner
    CFO

 CONTACT INFO
60 Massachusetts Ave. NE
Washington, DC 20002
US
Phone: 202-906-3000
Fax: 202-906-3306
Online: Web Site

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