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Title: CREDIT ISSUES FOR PASSENGER RAILROADS
Accession Number: 00748185
Record Type: Component
Availability: Find a library where document is available Abstract: This article discusses how Standard & Poor's analyzes the financial strength of passenger railroads. While we do not have a public debt rating on Amtrak, we do rate seven railroads around the world that have passenger operations. Regulatory and operating characteristics vary from country to country so I will concentrate on highlighting some of the important issues that we evaluate in determining credit ratings of railroads involved in passenger operations. First, a couple of observations about Amtrak compared to most of the international passenger rails that I will describe: Amtrak typically covers a greater proportion of its costs from passenger revenue than many international railroads; and most of the non-US passenger railroads receive more consistent government support than does Amtrak.
Supplemental Notes: Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Monograph Accession #: 00748171
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Schulz, R EPagination: p. 48-50
Publication Date: 1998-3
Serial: Conference:
National Conference on Critical Issues for the Future of Intercity Passenger Rail
Location:
Washington, D.C. Media Type: Digital/other
TRT Terms: Identifier Terms: Uncontrolled Terms: Subject Areas: Finance; Highways; Operations and Traffic Management; Passenger Transportation; Planning and Forecasting; Public Transportation; Railroads
Files: TRIS, TRB
Created Date: Apr 14 1998 12:00AM
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