Report: On-time Trains Would Reduce Amtrak's Losses
posted 9:17 am Fri April 04, 2008 - WASHINGTON
Stay on top of breaking news! Sign up for ABC 7 News e-mail alerts.
A new report finds that Amtrak could significantly boost its revenues and cut expenses if more of its trains were on time.
But it would require the cooperation of the freight railroads. In most of the country, they own the tracks that Amtrak trains run on, and many of the delays are due to congestion on the freight lines.
The report by the Transportation Department's inspector says Amtrak's long-distance trains were on time just 42 percent of the time last year.
The authors say an improvement to 85 percent for all Amtrak routes would lead more people to take the train and would reduce the federally subsidized railroad's operating loss by 30 percent, or 137 million dollars.
---
On the Web:
Not a member yet? Click Here to sign up.
Please leave your comments below:
Messages that harass, abuse or threaten other members; have obscene or otherwise objectionable content; have spam, commercial or
advertising content or inappropriate links may be removed and may result in the loss of your posting privileges.
Please do not post any private information unless you want it to be available publicly.
Never assume that you are completely anonymous and cannot be identified by your posts.
Want To Keep Track Of Barack Obama? Click Here
© 2008 WJLA-TV
© 2008 The Associated Press
All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The 'RUNNING MAN' icon is a registered trademark of America Online, Inc.
ABC 7 News to leave comments on news stories.