Amtrak Company Description
America's ambivalence toward intercity rail travel is reflected in Amtrak. The National Railroad Passenger Corporation, better known as Amtrak, carries about 29 million passengers a year. It provides intercity offerings as well as commuter rail services in several major markets. The carrier's system includes about 21,000 route miles of track, most of which is owned by freight railroads. Amtrak's serves more than 500 destinations in 46 states, the District of Columbia and three Canadian provinces. Ridership and sales are on the rise, but Amtrak, a for-profit company, has never been profitable. Controlled by the US Department of Transportation, Amtrak depends on subsidies from the federal government to operate.
View the Comprehensive Company Description for Amtrak
The Company Description provides a historical perspective of Amtrak's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Amtrak's evolution in the marketplace.
