Cannot. In past someone got internals from amtrak
C&NW, CA&E, MILW, CGW and IC fan
Wizlish schlimm MidlandMike "Sleeping car passengers, who pay much higher fares, account for 15 percent of long distance riders but contribute 36 percent of total revenue." https://www.amtrak.com/ccurl/374/876/Long%20Distance%20Trains.pdf That has been said on and on. But they still do not come close to covering above rail operating expenses. Humor me here. What is missing is whether the cost of providing service to those sleeping-car passengers exceeds the amount of total revenue they provide (corresponding to that 36%). (For current purposes, don't include the incremental cost of the dining-car services for the time being.) If it does... by how much?
schlimm MidlandMike "Sleeping car passengers, who pay much higher fares, account for 15 percent of long distance riders but contribute 36 percent of total revenue." https://www.amtrak.com/ccurl/374/876/Long%20Distance%20Trains.pdf That has been said on and on. But they still do not come close to covering above rail operating expenses.
MidlandMike "Sleeping car passengers, who pay much higher fares, account for 15 percent of long distance riders but contribute 36 percent of total revenue." https://www.amtrak.com/ccurl/374/876/Long%20Distance%20Trains.pdf
"Sleeping car passengers, who pay much higher fares, account for 15 percent of long distance riders but contribute 36 percent of total revenue."
https://www.amtrak.com/ccurl/374/876/Long%20Distance%20Trains.pdf
That has been said on and on. But they still do not come close to covering above rail operating expenses.
Humor me here. What is missing is whether the cost of providing service to those sleeping-car passengers exceeds the amount of total revenue they provide (corresponding to that 36%). (For current purposes, don't include the incremental cost of the dining-car services for the time being.) If it does... by how much?
This is what I was getting at, but failed to (re)state. As Schlimm later confirmed, those specific figures are not readily avalable.
schlimm ... The NEC subsidizes the rest of Amtrak, especially LD routes. ...
... The NEC subsidizes the rest of Amtrak, especially LD routes. ...
As I said earlier, not true when NEC infrastructure costs and backlog are considered. Some have argued in other threads that the NEC is a drag on the rest of Amtrak. I would not necessarily go that far. But I thought the point of the thread was to look at new economic overnight accomodations that might earn more money for ATK. It seems to have digressed into an excuse to eliminate unfavored segments of the national carrier.
As sam1 showed, the capital costs should not be confounded with OE.
sam1 ?
A former poster.
I remembered he was the guy with the PRR keystone avatar, and was an accountant. I guess it has been a while since I have seen a post from him.
Yes.
MidlandMike I remembered he was the guy with the PRR keystone avatar, and was an accountant. I guess it has been a while since I have seen a post from him.
Him or her - some posts alluded to being female.
Never too old to have a happy childhood!
BaltACD MidlandMike I remembered he was the guy with the PRR keystone avatar, and was an accountant. I guess it has been a while since I have seen a post from him. Him or her - some posts alluded to being female.
In a rare slip, she alluded to it herself once -- in connection, as I recall, with her being one of the rare women CFOs in the utility industry. In any case, a green-eyeshade type who was always crunching numbers to disqualify Amtrak as transportation (even as she rode it tirelessly).
dakotafredIn a rare slip, she alluded to it herself once -- in connection, as I recall, with her being one of the rare women CFOs in the utility industry. In any case, a green-eyeshade type who was always crunching numbers to disqualify Amtrak as transportation (even as she rode it tirelessly).
If she said CFO.......I throw the BS flag. I would believe Accounting Clerk. No way did she have a CPA certificate either. Sorry, two CPA's under my employ, my Father was a CPA..... and I work with Executives all the time, she was definitely not at either level of proficiency....that I am 100% sure of. Have enough accounting courses under my belt including Intermediate Accounting to know she never mastered the subject area enough to get a CPA certificate.
CFA possibly / maybe......which is really a certification for those that could not pass the CPA exam in my opinion.
The dead giveaway she was not a CPA and was somewhere beneath that level is that CPA's are out of the gate multi-industry and although they are not experts on the railroad industry they do know how many of the financial mechanisms used by the railroad industry work (such as equipment trust certificates). Also, in order to remain certified and keep their CPA they have to attend ongoing education with CPA's from other industries on changes to accounting practices, etc. Accounting Clerks not so much and she was pretty aloof on Railroad accounting enough to convince me she had little to no understanding of it (CPA would have some understanding). She kept attempting to apply how the Electric Utility industry would do things........to the Railroad industry. Some similarity in areas but not the same industry or same practices. So she convinced me she did work in for a Utility Company in it's Accounting Department BUT her focus was far more narrow than a CPA would have in the same Department.
schlimm A former poster.
In my experience folks like that do not leave. Much more likely she changed her screen name (ditching her reputation) and still posts here on occassion.
CMStPnP schlimm A former poster. In my experience folks like that do not leave. Much more likely she changed her screen name (ditching her reputation) and still posts here on occassion.
Whilst such is possible, Milw, I've seen nobody else on here with her stylistic quirks.
The CFO thing may have been my false impression. I have no background in accounting myself, and defer to you on the subject.
Bits and pieces. The name was supposed to be Sam1's cat, as I recall. Seemed to be of a higher rank than an accounting clerk, as worked in Australia for awhile. Rather prickly about fellow passengers on public transport (smelly, shouting and playing loud music). And the style was unlikely to be seen again -'whilst' indeed!
FYI.....
Looks like Amtrak is going to try something similar on the Cardinal. Should be interesting how this turns out. Although I will say that Amfleet Business Class 2-2 seating I have experienced before and it is not all that more comfortable on a LD route. Still think they need to come up with a better Business Class Seat for LD Travel.
http://trn.trains.com/news/news-wire/2016/01/cardinal-adds-business-class
Does it seem like a coincidence that Amtrak introduces a new business class service on a LD route (Cardinal) soon after a private contractor (Iowa Pacific) introduces business class on that same train on its alternate days?
Midland has it right. Even a rigid, semi-governmental body like Amtrak can be prodded into change by a dose of competition. Perhaps if they had made changes a few years ago, Indiana might not have sought an alternative.
CMStPnP FYI..... Looks like Amtrak is going to try something similar on the Cardinal. Should be interesting how this turns out. Although I will say that Amfleet Business Class 2-2 seating I have experienced before and it is not all that more comfortable on a LD route. Still think they need to come up with a better Business Class Seat for LD Travel. http://trn.trains.com/news/news-wire/2016/01/cardinal-adds-business-class
CMStPnP FYI..... Looks like Amtrak is going to try something similar on the Cardinal. Should be interesting how this turns out. Although I will say that Amfleet Business Class 2-2 seating I have experienced before and it is not all that more comfortable on a LD route. Still think they need to come up with a better Business Class Seat for LD Travel. http://trn.trains.com/news/news-wire/2016/01/cardinal-adds-business-class FY: I believe on the Cardinal, it is two-and-one seating.
FY: I believe on the Cardinal, it is two-and-one seating.
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