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 ?
Its rising cost has already been cited as the major contributing factor in the demise of Amtrack and every organisation where transport is a significant outgoing is desperately praying for the cost of oil to continue its current downward trend.
But every time they're at a crossroads in the franchise, they become like the car stuck in park on the train tracks, oblivious to the gate coming down on its hood and the Amtrack Gold Coast bearing down on the driver's side.
It wasn't distance but time that allowed the March 15 wreck of the City of New Orleans Amtrack train to also slip under the radar of another local wire, the Medill News Service, staffed by graduate journalism students at Northwestern University.
For one firm, Portland meeting planner Nancy Wilson planned a team-building exercise on an Amtrack train from Portland to Seattle.
The redevelopment effort received a boost when the first Amtrack passenger train pulled into Little Rock at 10:45 p.
The four-color publication, which is produced in conjunction with MLB sponsors Anheuser-Busch, Century 21, MBNA, RadioShack, Pepsi, Amtrack, Post Cereals, Nabisco-Ritz, and Master Card, and MLB licensee New Era, will be inserted into seven major U.
He spoke in support of a proposal by Amtrack to construct a tunnel between Manhattan and New Jersey beneath the Hudson River.
Paul, La Cross, and the Amtrack trains that served this upper-Midwest region.
During the course of filming, AmTrack, who own the tunnels, sent in armed police (who refused to allow filming) to announce a forced eviction.
We build our tunnel boxes in a quarry basin about 200 feet from Gillette's headquarters and also around Amtrack operations.
But just as they are stepping off the Amtrack train, they are called to one side by a Mr Smith (Christopher Walken).
The Lakers managed to avoid simulating a wayward Amtrack on Monday, but not without rattling around the rails for three quarters against Don Nelson's plucky underdogs before emerging with a 115-102 victory at the Forum.