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the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run passenger railroads; over 100 of the nation's 500 passenger railroad lines at the time had filed discontinuation-of-service petitions with the Interstate Commerce CommissionInterstate Commerce Commission
(ICC), former independent agency of the U.S. government, established in 1887; it was charged with regulating the economics and services of specified carriers engaged in transportation between states.
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. Given an initial funding of $40 million and $100 million in federal loan guarantees, Amtrak was designed to be a profit-making, quasipublic enterprise. Its board of directors includes three representatives of labor states and business appointed by the president, two representing commuter authorities, and two representing stockholders of the corporation's preferred stock. Amtrak began operation in 1971, reducing the number of intercity passenger rail routes by one half, retaining service mainly in areas of high density travel. Amtrak now runs up to 300 trains per day to 500 stations over 21,000 route miles, and carries nearly 26 million passengers a year, mainly in the Northeast and on the West Coast. It owns 730 miles, mostly in the Northeast corridor, while contracting with private railroads to run in the rest of the nation.
References in periodicals archive ?
Paul, La Cross, and the Amtrack trains that served this upper-Midwest region.
During the course of filming, AmTrack, who own the tunnels, sent in armed police (who refused to allow filming) to announce a forced eviction.
We build our tunnel boxes in a quarry basin about 200 feet from Gillette's headquarters and also around Amtrack operations.
But just as they are stepping off the Amtrack train, they are called to one side by a Mr Smith (Christopher Walken).
The Lakers managed to avoid simulating a wayward Amtrack on Monday, but not without rattling around the rails for three quarters against Don Nelson's plucky underdogs before emerging with a 115-102 victory at the Forum.
Eatec clients include Applebees, Houlihan's Restaurants, Amtrack, The Waldorf-Astoria, Madison Square Garden, Universal Studios, Kennedy Space Center and Princess Cruises.
The Birmingham depot of parcels company Amtrack has been appointed to handle overnight deliveries to home shopping company Kleeneze's nationwide network of distributors.
There is a tunnel under Freedom Place, the parallel north-south street that backs onto Lincoln Towers and allows the Amtrack trains to continue to make their New England runs underground.
A modern Amtrack train emerges from the dark, old tunnel.
In addition, the breakeven point, for coverage of debt service and scheduled deposits to the debt service and operating reserve funds, suggests ample latitude for potential slippage in Amtrack patronage of the garage at the current rating level.
Amtrack and Metra train service between Chicago and Joliet could be forced to slow down to 15 miles per hour from May 20 to August 31, annually, to protect the Hine's emerald dragonfly, an endangered species.
The nationwide housing builder Avalon Bay Communities is completing design planning for a three-phase luxury rental apartment, parking and street retail complex on the southwest oriented Huguenot Street, next to the Metro North and Amtrack station.