Amtrak

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Amtrak

A government-owned corporation in the United States providing rail service between cities. All preferred stock is owned by the federal government, and the President appoints members of the board of directors (subject to Senate confirmation). Amtrak has never been self-sufficient. Critics of government-owned companies often point to this as a sign that the private market is better at running companies. Amtrak's defenders, however, point out that the U.S. government also must subsidize air travel (which is privately run).
References in periodicals archive ?
Despite this, should any problem arise, Amtrac is on hand to lend full support.
"At Amtrac, we are very aggressive with our support on parts and service.
Internationally recognized as the front runners in the medical travel arena within the region, AMTRAC is working to include India, Malaysia, South Korea and Singapore as the remaining four founding members.
AMTRAC will be the first ever formalized collaboration of medical travel associations of Asian countries that promote medical travel and tourism.
It coughed heavily and danced erratically in my sweating hands, making it difficult to control as the amtrac bounced crazily in the surf.
We made the dangerous descent down the cargo nets and dropped into the bobbing amtracs (amphibious tractors).
Cariello was in the first wave, his amtrac chugging forward just behind American naval bombardment and bombing and strafing by carrier planes.
launch time for the operation, the first wave of marine-filled amtracs began whining its way toward Peleliu's beaches.
As Lieutenant Jim Fawcett's tractor turned slowly toward the beach, the 24-year-old Washingtonian fixed his gaze on the amtrac carrying 2nd Lieutenant Mike Hofmann and elements of K Company's 2nd Platoon, which had bounced up on shore in the midst of a murderous crossfire.
Its 20,000 Marines moved in 8,000 amtracs, Humvees, and other vehicles.
The 306th called up tank destroyers, self-propelled howitzers, and amtracs (officially LVTs, or landing vehicles, tracked) to support a crossing of the Antilao River, using point-blank fire to destroy well-prepared enemy defenses.
These escorted some 360 amphibious tractors (mostly LVT-2s, called "amtracs" or "alligators") laden with marines.