Amtrak Management
Author | : JayEtta Z. Hecker |
Publisher | : DIANE Publishing |
Total Pages | : 164 |
Release | : 2006-03 |
ISBN-10 | : 1422304582 |
ISBN-13 | : 9781422304587 |
Rating | : 4/5 (82 Downloads) |
Download or read book Amtrak Management written by JayEtta Z. Hecker and published by DIANE Publishing. This book was released on 2006-03 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amtrak has struggled since its inception to earn sufficient revenues & operate efficiently. In June 2002, Amtrak's new pres. began major efforts to improve efficiency. However, the financial condition of the company remains precarious, requiring a fed. subsidy of more than $1 billion annually. Capital backlogs are now about $6 billion, with over 60% being attributable to its mainstay Northeast Corridor service. This report reviewed Amtrak's: (1) strategic planning, (2) financial reporting & financial management practices, (3) cost containment strategies, (4) acquisition management, & (5) accountability & oversight. Includes recommendations. Charts & tables.