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Title: PERSPECTIVE OF THE FEDERAL RAILROAD ADMINISTRATION
Accession Number: 00748187
Record Type: Component
Availability: Find a library where document is available Abstract: The perspective of the Federal Railroad Administration (FRA) on Amtrak is summed up in the phrase "let's not destroy the village in order to save it." The FRA, along with the Clinton Administration, is committed to Amtrak. FRA believes that what we need to do is foster an environment in which all parties can contribute to Amtrak's success. The goal of a zero operating subsidy is important because it has already driven Amtrak to expand its entrepreneurial initiatives through the strategic business units. Despite a substantial cut in train-miles operated, ridership, yields and revenue are moving in the right direction. State financial support for Amtrak service has doubled within a year. More states are investing in intercity passenger rail because it makes sense. It may be tempting to look at Amtrak's financial situation and conclude that fundamental reform is somehow necessary. It is not. What is needed is the necessary financial commitment, and that is what has been proposed. The Administration has committed nearly $5 billion to Amtrak, and has committed to the flexibility the states will need to invest in Amtrak and intercity passenger rail as an absolute cornerstone of the proposed National Economic Crossroads Transportation Efficiency Act (NEXTEA).
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: ITZKOFF, D MPagination: p. 60-61
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: Old TRIS Terms: Subject Areas: 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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