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
|