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Building a commercial enterprise : FY01-05 financial plan update : investing in the future of passenger rail : long-term capital plan
  • Published Date:
    2001
  • Language:
    English
Filetype[PDF-476.73 KB]


Details:
  • Corporate Creators:
  • Resource Type:
  • Corporate Publisher:
  • NTL Classification:
    NTL-ECONOMICS AND FINANCE-Rail Economics and Finance ; NTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE ; NTL-RAIL TRANSPORTATION-RAIL TRANSPORTATION ; NTL-RAIL TRANSPORTATION-Rail Economics and Finance ; NTL-RAIL TRANSPORTATION-Rail Planning and Policy ; NTL-PLANNING AND POLICY-PLANNING AND POLICY ; NTL-PLANNING AND POLICY-Rail Planning and Policy ; NTL-PLANNING AND POLICY-Plans and Policy Statements
  • Format:
  • Abstract:
    As we enter the 21st century, the nation’s transportation system is at a crossroads. After

    building highway and aviation networks that are the envy of the world, increasing gridlock threatens to undermine the success of those investments and the economic growth they helped spur. The U.S. now has an opportunity to enhance mobility and travel choice by reinvesting in the third leg of its transportation system – rail. Demand for rail services has expanded dramatically in recent years, and a growing number of states have taken the lead in developing this underutilized mode. The nation’s passenger rail company – Amtrak – is positioned to respond to this new opportunity. Over the last several years, the company has been transforming itself into a commercial enterprise with an emphasis on market responsiveness, quality service, and effective partnerships. Fulfilling the company’s dual congressional mandates – to be the provider of national passenger rail services while achieving operational selfsufficiency – is impossible without a national commitment to investment in intercity rail.

    Current state transportation efforts have established a foundation for such a national rail

    capital commitment. With a federal capital program, and a focus on operational and financial efficiency, Amtrak will succeed in meeting its mandates.

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