Amtrak
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Wikipedia.org
Amtrak (Wikipedia.org)

The National Railroad Passenger Corporation, doing business as Amtrak , is a quasi-governmental corporation that was organized on May 1 1971, to provide intercity passenger train service in the United States. "Amtrak" is a portmanteau of the words "American" and "track".

All of Amtrak's preferred stock is owned by the U.S. federal government. The members of its board of directors are appointed by the president of the United States and are subject to confirmation by the United States Senate. Common stock was issued in 1971 to railroads that contributed capital and equipment; its current holders consider the stock to be worthless but declined a 2002 buy-out offer by Amtrak.

Amtrak employs nearly 19,000 people. It operates passenger service on 21,000 miles (33,800 km) of track primarily owned by other railroads connecting 500 destinations in 46 states. Some routes serve Canada. In fiscal year 2006, Amtrak served 24.3 million passengers, a company record. According to estimates for fiscal year 2007, Amtrak has served over the 25 million passenger mark, a 6% increase from the previous year.

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Amtrak CEO, Alex Kummant. Amtrak CEO, Alex Kummant discusses how inflation and high commodity prices have affected Amtrak.
4m 16s |
5 months ago
FOX Business
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David Asman
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Despite record ridership, Amtrak's most popular trains suffer from delays and out of date equipment. WSJ's Matt Rivera reports. (Aug. 7)
5 months ago
MSN Video
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The Wall Street Journal
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More money. AMTRAK is asking Congress for $1.67 billion to keep passenger trains running
1m 31s |
10 months ago
FOX Business
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Amtrak is unveiling new security measures that include random screening of carry-on bags and armed patrols of platforms and trains. The railroad says the new measures won't hold up passengers. (Feb. ...
10 months ago
US News
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Amtrak passengers evacuated from train crash site
1m 46s |
a year ago
Chicago Tribune
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To promote luxury cross-country train trips, overnight riders will receive alcohol drink voucher. Kent Shocknek reports.
a year ago
CBS (cbs2 - Los Angeles)
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Amtrack is celebrating a record-setting year on its Portland, Maine to Boston route. As NECN's Elissa Burnell tells us, the number of riders on the Downeaster has increased 31%.
2 years ago
NECN.com
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(120 sec.) Two Chinese airlines to share miles; Amex and Delta issue new card; Amtrak's financial crisis.
2m 0s |
3 years ago
Forbes
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