Amtrak's pursuit of profits. (National Railroad Passenger Corp.)

From: Railway Age | Date: March 1, 1991| Author: Roberts, Robert | Copyright information

Amtrak's $1.3 billion in revenue last year (fiscal year 1990 ended Sept. 30, 1990) set a new record but fell below the company's goal for reaching break-even by 2000. it's still in reach, and an idea that might be called wrap-around profits may make it possible.

Despite higher ridership, Amtrak's revenue to cost ratio remained at 72%, leveling off after years of increases. To increase that ratio on a regular basis, Amtrak must increase its for-profit lines of business. T...

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