Federal agencies and the scope of their functions.
Full Answer Section
- 1981-1990: Amtrak began to improve its financial performance in the 1980s. The company implemented a number of cost-saving measures, and it also benefited from increased ridership.
- 1991-2000: Amtrak continued to improve its financial performance in the 1990s. The company expanded its service to new markets, and it also began to invest in new equipment.
- 2001-present: Amtrak has faced a number of challenges in the 21st century. The company has experienced declining ridership, and it has also faced competition from low-cost airlines. However, Amtrak has remained committed to providing a national passenger rail service.
- Highs:
- Amtrak has a long and rich history. The company has played a vital role in connecting people and communities across the United States.
- Amtrak has a loyal customer base. Many people prefer to travel by train because it is a more relaxing and scenic experience than flying.
- Amtrak is committed to sustainability. The company is working to reduce its environmental impact and to improve its energy efficiency.
- Lows:
- Amtrak has struggled financially throughout its history. The company has relied on federal subsidies to stay afloat.
- Amtrak has experienced declining ridership in recent years. This is due to a number of factors, including competition from low-cost airlines and the rise of ride-hailing services.
- Amtrak has faced criticism for its aging infrastructure and its poor on-time performance.
- Amtrak provides a vital transportation link for many people in the United States. The company serves over 500 destinations in 46 states.
- Amtrak is a more environmentally friendly way to travel than flying or driving. Trains produce fewer emissions and use less energy.
- Amtrak is a vital part of the nation's transportation network. The company connects people and communities across the country, and it helps to support economic development.
Sample Solution
Executive Summary
Agency: Amtrak
Department: Department of Transportation
Date Founded: May 1, 1971
Reason for Founding: Amtrak was founded as a result of the collapse of the private passenger rail industry in the United States. The federal government created Amtrak to provide a national passenger rail service.
Development Over the Years:
- 1971-1980: Amtrak struggled financially in its early years. The company was subsidized by the federal government, but it was not able to generate enough revenue to cover its costs.