Amtrak
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Wikipedia.org
Amtrak (Wikipedia.org)

The National Railroad Passenger Corporation, doing business as Amtrak , is a quasi-governmental corporation that was organized on May 1 1971, to provide intercity passenger train service in the United States. "Amtrak" is a portmanteau of the words "American" and "track".

All of Amtrak's preferred stock is owned by the U.S. federal government. The members of its board of directors are appointed by the president of the United States and are subject to confirmation by the United States Senate. Common stock was issued in 1971 to railroads that contributed capital and equipment; its current holders consider the stock to be worthless but declined a 2002 buy-out offer by Amtrak.

Amtrak employs nearly 19,000 people. It operates passenger service on 21,000 miles (33,800 km) of track primarily owned by other railroads connecting 500 destinations in 46 states. Some routes serve Canada. In fiscal year 2006, Amtrak served 24.3 million passengers, a company record. According to estimates for fiscal year 2007, Amtrak has served over the 25 million passenger mark, a 6% increase from the previous year.

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Traffic came to a halt on Atlantic Boulevard after a tractor-trailer collided with an Amtrak train in Pompano Beach.
2 weeks ago
ABC (Miami, FL)
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Man Hit and Injured by Amtrak Train
0m 25s |
2 weeks ago
ABC (abc2news - Baltimore)
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Two car passengers are killed after an Amtrak train hits their disabled vehicle.
0m 32s |
2 weeks ago
ABC News
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WNYCs Brian Lehrer Show
The number of people riding Amtrak is steadily increasing. But the surge in ridership is leading to overcrowding. Robert Paaswell, Director of the University Transportation Research Center at City ...
13m 47s |
3 weeks ago
VoiceIndigo
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WNYC
Wednesday 13
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Discussing whether high fuel costs mean an end to riding the train, with Alexander Kummant, Amtrak president & CEO and CNBC's Erin Burnett.
4m 10s |
3 weeks ago
CNBC Video Gallery - CNBC.com
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CNBC
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Amtrak CEO, Alex Kummant. Amtrak CEO, Alex Kummant discusses how inflation and high commodity prices have affected Amtrak.
4m 16s |
4 weeks ago
FOX Business
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Despite record ridership, Amtrak's most popular trains suffer from delays and out of date equipment. WSJ's Matt Rivera reports. (Aug. 7)
4 weeks ago
MSN Video
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Jane King summarizes the top stories this morning on the Bloomberg Business Report. (Source: Bloomberg)
4 weeks ago
Bloomberg - Financial News
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