Amtrak
Headquarters: 60
Massachusetts Avenue, NE
Washington, DC 20002
Phone: 202-906-3000
Employees: 19,000
President and CEO: Alexander Kummant
Website: http://www.amtrak.com
Career Page
Amtrak operates the nation's passenger
rail system, providing train service to more than 500 destinations
in 46 states on a 22,000-mile network of routes.
Amtrak passenger ticket revenue increased
in Fiscal Year 2006 to $1.37 billion, the highest annual ticket
revenue ever achieved, and, at $132 million over last year, the
railroad's largest year-over-year increase. The railroad also
served 24.3 million passengers - nearly 300,000 more than for
the same trains in the previous fiscal year.
Revenue growth was greatest in the Northeast,
where high gas prices helped boost ridership. The Northeast generated
$725.4 million in ticket revenue for Amtrak.
Amtrak operates Acela Express, a high-speed
train service between Boston and Washington D.C. Some long-distance
trains include sleeper cars and meals. A train from Virginia
to Orlando lets you drive your own car on board.
Total revenue at Amtrak for fiscal 2006
was $2.04 billion and the net loss for the year was $1.06 billion.
The service has never been profitable.
Amtrak is a made-for-profit corporation,
but receives subsidies from the federal government to keep it
operating. Amtrak's preferred stock is owned by the federal government
and members of Amtrak's board of directors are appointed by the
President of the United States himself.
Amtrak also receives money from some states
outside of the Northeast Corridor.
Created on May 1, 1971, the company was
formally established as the National Railroad Passenger Corporation.
Amtrak stands for America, travel, and track.
The week of Thanksgiving Tuesday
to Monday is typically Amtrak's busiest travel period of
the year. The railroad handled nearly 600,000 passengers last
year during the holiday week.
Alexander Kummant was named President and
CEO in September 2006.
Updated April 15, 2007
