Amtrak’s big opportunity is now; is Amtrak ready?
It’s 2009, and Amtrak is raking in the cash. Not from the fare box, but from the federal government. Even though Amtrak accounts for less than one percent of America’s transportation market share, it often is the second highest subsidized mode of transportation.
The current administration is Washington is looking favorably on Amtrak, and ready to send lots of cash. Will Amtrak know how to properly spend this money for the greatest public good?
Does Amtrak have an equipment purchase plan for new passenger cars and new locomotives?
Does Amtrak have infrastructure plans for its many terminals and stations outside of the Northeast Corridor?
Does Amtrak have a viable business plan that includes the creation of adequate passenger service in all of the Lower 48 states?
Amtrak has an under-populated board of directors, an interim president and chief executive officer, and a cadre of executives which are accustomed to not being held accountable for their actions.
It’s going to be an interesting year in 2009.
You may depend on United Rail Passenger Alliance to be a leader in developing viable passenger rail policy for America.
Stay informed, because there is going to be a mad scramble between those who believe in the unacceptable status quo, and those who believe in growth concepts for passenger rail. There won’t be a dull moment.
