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Maybe. But that's a big maybe! Remember that Amtrak derives some benefit from it's Federal stature, namely the right to run over freight roads with little cost to themselves. And of course the right to be bailed out frequently! However. I do agree that the Fed relationship does create a drain, in that there is greater beauracracy involved, more red tape, etc... Theoretically a non-fed Amtrak would no longer have political trains, and could choose it's routes based on needs and demands first. Likewise, a non-fed Amtrak would be able to (perhaps) get out from under many onerous labor contracts and perhaps subcontract much work. But even so, to make a profit? no, not impossible. But very far from likely at this stage. Course, no one has really tried it since, what? Ralph Budd in 1936? And no one has suceeded since him either, tho he did manage to pull if off for a while.
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