Near the buffer
Article Abstract:
Amtrak, the US government-owned railway concern, has seen serious financial problems since its creation in 1970, and its future now appears uncertain. It has only survived so long while making a loss because many commuters rely on it and because train travel appeals to many Americans. Some politicians want Amtrak to continue to receive government funding, even though this is hard to justify economically, while others, mainly from states with few links with rail travel, believe that Amtrak should be shut down.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
On the right tracks
Article Abstract:
British transportation secretary John MacGregor has proposed radical privatization that will split British Rail into franchises. The proposal has the flaw of not ensuring more fair competition between railroads and the costs of driving on the road.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Line goes west: railways
Article Abstract:
The UK government is considering shutting down British Rail's western line to Glasgow. Cities along the route are protesting but low passenger traffic and high operating costs are making the route economically unsound.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: An answer to everything. Doing the right thing
- Abstracts: Under threat. One in five Israelis. A deadlier intifada: Palestinians
- Abstracts: Going by the book: international equity. On the rocks. Stocks and currencies
- Abstracts: Take three: NATO enlargement. When the haggling had to stop
- Abstracts: Discounted: the City. The end of the miracle