Profiles of Existing Government Corporations - US Government ...

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Nm: National Railroad Passsngsr Corporation (AMTRAK)
CORPORATION PROFILE
RIRPOSE: AMTRAK'S purpose im to provide modern, cost-•fficisnt,
and l nmrgy-•fficisnt intorcity rail pa8mongor smrvica. AMTRAK
owns locomotives, pamssngsr cars, and rapair and maintenance
facilities. It contracts with privats railroads to operato on
thsir tracks but also ovns approximataly 2,600 milw of track in
tha Northeast Corridor plus small ~egmonts of track nsar Albany,
tisv York, and Kalamazoo, Kichigan. AKTRAR ovns or lsases soma of
its l tations, and opmratu an averag. of 210 trains par day,
serving morm than 500 station locations, ovar a systm of
approximatsly 24,000 rout0 rilam. It also providam auto-farry
sarvico as a part of its basic passmgsr swvicos and operatam
intarcity rail pam8engar sanfice points vithin the U.S. and
points in Canada.
LEGAL ADTRORITY: 45 U.S.C. 501, 502, 541-645
IlAm CREATED: October 30, 1970
LEGISLATLID WIIATION DATE: None l pacifiad in enabling
legislation.
URAL STATUS: nixad-ovnership am a for-profit corporation.
AGBICY STATUS: Not an agency or l 8tablishmont of thm U.S.
government.
BOARD OF DIRmxoRs: Than arm nine board mambors; four arm
salectod by the President (includas Sacratary of DOT as ox
officio mubar). Tha board consist8 of the Sacretary of
Transportation as an ox officio rubor, the Prmmidmnt of tha
Corporation, tvo asmbors solactod by thm Prosidant from a list of
pmrmons norinatod by conutar authorities that opmrate over
AMTRAX-ownad rail propmrtios, two 8oloctod by the profarred
stockholdars, and the thrsa soloctmd by thm President vith the
advice and consant of the Sanata. Of theme lattmr three, on.
must ba from a list rsconondad by the Railvay Labor Exocutiva J
Association, one a Governor of a 8tatm intorostsd in rail
transport, and one a raprmmantativa of business vith an intarmst
in rail transport.
ADVISORY BQARD lIGlIIMRs: Nono spocifiad in enabling logi8lation.
P-AGIMCY: Nom specified in enabling logialation.
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