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Rail Passengers Association Critique of Amtrak's Cost Accounting
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<p>[quote user="MidlandMike"]My recollection of the article was Mr Selden was saying that Amtrak did not disclose segment load factors between stations.[/quote]</p> <p>Here a quote from the above linked article: <em>Amtrak has output and load factor data for its three divisions, but goes to great lengths to conceal it, and appears not to use it.</em></p> <p>He might have meant between station but he said differently.</p> <p>If one measures business success at passenger-miles LD-trains are the largest Amtrak business division. If it qualifies as most successful with a loss of almost $500 million I boubt.</p> <p>When you have an overall (average) load factor there are section with smaller or larger ones. The load factor and passenger-miles are similar to the operating ratio, seen alone they don't tell much.</p> <p>That the NEC needs Amtrak's investment is naturally when one owns the line. The LD-trains are "lucky" that they run on host railroads paying only a small fee and the host all remaining investments and maintenance costs.</p> <p>So I don't care much about the necessary investments into the NEC. As long as the NEC provides a profit it seems worthwhile to me.</p> <p>My judgement of the article hasn't changed, very biased and ignoring facts.</p> <p>There might be a number of reasons to keep the LD-trains but economical success is not one of them. So passenger rail advocats should better concentrate on those more political reasons.<br />Regards, Volker</p> <p> </p>
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