Amtrak’s Grand Plan for Profitability

Komentar

  1. Max Nash

    Max Nash2 jam yang lalu

    10:34 No not the California Zepher! When I was a little kid me and my grandpa used to take that train to Sacramento!

  2. Castle Rock RAIL FAN

    Castle Rock RAIL FAN2 jam yang lalu

    the northeast rail line needs more work so trains can go faster on it and if Amtrak brakes ever in then why got rid of Amtrak long distance trains ?

  3. Castle Rock RAIL FAN

    Castle Rock RAIL FAN2 jam yang lalu

    liked video but there should be a way long distance trains could make money Amtrak needs more of it's own tracks ! 🚄🚄🚃

  4. K. Chris Caldwell

    K. Chris Caldwell4 jam yang lalu

    He'll turn it over to a Khazarian owned/controlled private equity firm. It will then become another instrument in the plundering of we Americans' pensions and wealth.

  5. jasper mcmillan

    jasper mcmillanHari Yang lalu

    In most countries, passenger rail is viewed as part of their national infrastructure right alongside the electrical grids and highway systems and are funded accordingly. Then there's Washington, easily bought Politicians and the far too powerful Oil and Highway Lobbies.

  6. Robert McGlinchey

    Robert McGlincheyHari Yang lalu

    The CEO SHOULD REALIZE THAT AMTRAK IS FOR THE PEOPLE before a profit. A measly half billion dollars loss per year is less than a half-penny per day per capital.

  7. Weyird

    WeyirdHari Yang lalu

    Train's aren't meant to be profitable? You're saying Transport Fever 2 is a lie?

  8. Sher'Ry Lynette

    Sher'Ry Lynette2 hari yang lalu

    Just another example of how AMERICA is becoming a 3rd world country.

  9. DALE BECK

    DALE BECK3 hari yang lalu

    Amtrak should build and maintain there own rails and stations then lease the service portion to the companies that want to open rail lines in the USA.

  10. D. S.

    D. S.3 hari yang lalu

    Make trains and train lines better and faster so that people will want to ride them. Installing a corporate raider like Anderson will not help.

  11. Steven Schleusner

    Steven Schleusner4 hari yang lalu

    That transition into the suitcase ad was well done.

  12. Brandon Mcmullan

    Brandon Mcmullan4 hari yang lalu

    You know what the funny thing is that nobody likes the airlines their terrible here in the east coast everbody takes trains or cars for commuting tickets ain't bad and the added leg room is fantastic

  13. Shawn Elliott

    Shawn Elliott4 hari yang lalu

    I never would've expected to see the DC-to-Lynchburg Amtrak route mentioned. I grew up in Lynchburg, poor bastard that I am. I rode that train once to get to DC. It was fine.

  14. Seth Butler

    Seth Butler5 hari yang lalu

    Typical government waste

  15. Matthew Belamont

    Matthew Belamont5 hari yang lalu

    I rode the Amtrak from Minnesota to Washington state it was an experience I’ll never forget by drive if you barely sleep u can do the drive in about 3-4 days it was only 2 days on the train had lamb dumbs for the first time while watching the country side flow by I highly recommend it

  16. Rick Davis

    Rick Davis6 hari yang lalu

    Let the people that ride Amtrak..pay for Amtrak.

  17. jackdonkey22

    jackdonkey226 hari yang lalu

    Does Amtrak lease the routes for crazy money?

  18. The Trainmobile

    The Trainmobile6 hari yang lalu

    As a person who wants to see highspeed trains make a comeback in the US, I would love for a highspeed line that runs from Nashville, through the center of Alabama, and ends in New Orleans. Hypothetically, a highspeed line running at European train speeds would complete such a route in roughly 4 hours give or take an hour or so. Plus, it adds room to turn Birmingham into a train hub for destinations in south Georgia and Florida, like Savannah, Atlanta, Pensacola, Jacksonville, and Miami. Of course, it would also be much easier to turn either Nashville or Atlanta into a highspeed rail hub as well, especially if they offer greater subsidies for Amtrak or another hopeful rail company.

  19. Silas Cochran

    Silas Cochran6 hari yang lalu

    Considering the rails built this country Amtrak is pathetic and now they're cutting long-distance service I hope they just go under then someone will come along and give us some actual decent f****** service to hell with Amtrak I used to ride frequently now I dread getting on that damn train

  20. Adam Klein

    Adam Klein7 hari yang lalu

    unless it is for fun why would anyone take a train vs a plane for any trip that is more then 4 to5 hours by train. especially.when it is cheaper as well. it is pretty obvious why long distance are not profitable unless some site seeing or something else is mixed in.

  21. Ruiluth

    Ruiluth7 hari yang lalu

    You know, I'm a huge train enthusiast, but my opinion is that passenger railroads died in 1971 with the formation of Amtrak. Amtrak is the rotting zombie of a once-great industry and I don't really care what happens to it.

  22. joedmac78

    joedmac787 hari yang lalu

    Amtrak gets pennies and demands for profits the military gets it's trillions and no one bats an eye. The money in the Pentagons Ash tray would give us high speed rail coast to coast.

  23. joedmac78

    joedmac787 hari yang lalu

    If the nutters in Congress are so concerned about Amtrak profitability why don't they just pay virgin to run the the long hauls. Then we'd have Amtrak profits.. (I'm being sarcastic). Get my point tho? Let it be what it is public transportation. Fund it sensibly as long as there's a demand for it . It's great they saved uncle Sam all that money the last year or so. (That's sarcastic too)

  24. John Papa

    John Papa7 hari yang lalu

    I like the train. I frequently travel from Ft. Worth to Fresno Ca. I would ride the train more if I could take my car. I also don't need a formal dining car. Fast food, or even a walk thru buffet would be better.

  25. tmanepic

    tmanepic7 hari yang lalu

    Perhaps they could reach a compromise and instead of having passenger trains run to these small towns, have a bus service run them instead. Not the entire route on one bus, but enough to get to a large enough city with an airport and a greyhound bus station. It seems to me that overhead would be much lower AND it would keep congress/rural constituencies happy

  26. MICHAEL GLASS

    MICHAEL GLASS7 hari yang lalu

    The Superliners need the same Red White & Blue that is on the AMTRAK America baggage car

  27. MICHAEL GLASS

    MICHAEL GLASS7 hari yang lalu

    Amtrak need to upgrade the Superliners and bring back the Red, White & Blue

  28. StormCrowYo

    StormCrowYo7 hari yang lalu

    Sooo, "America's" major rail provider will make money by ceasing to operate and service a large majority of the country aka the purpose for which it was created. Great.

  29. X X

    X X7 hari yang lalu

    Sounds like a democrat liberal entitlement program LIE. Just give me more money.

  30. Scott Schramm

    Scott Schramm8 hari yang lalu

    Great video but your narration style is really annoying. Maybe cut all the commas from your script, because...commas, keep slowing, down, your voice and, making it sound....robotic. Better yet cut the script all together and just speak normally to us! You don’t need to sound like a professional voiceover!

  31. KingArthur

    KingArthur8 hari yang lalu

    The reasons Amtrak will NEVER BE PROFITABLE. 1. Amtrak doesn't own its own tracks outside the NE corridor. 2. See number 1

  32. Richard Hunt

    Richard Hunt8 hari yang lalu

    The REPUBLICANS won't allow it because it conflicts with their ideology that Government run services should be sold to the lowest bidder ( preferably a campaign donor or foreign Country ) than be used by the people who payed for it in the first place !! 🤬

  33. R.S. Cherry

    R.S. Cherry8 hari yang lalu

    Amtrak sucks. I took a ride from west Virginia to DC and back. It sucked so bad.

  34. airplanegod

    airplanegod9 hari yang lalu

    Some of it, such as lack of access to rails because the freight companies own them certainly isn't their fault, but a number of faults can be linked back to them, even if it's due to lack of funding such as old rolling stock, surly employees, limited or crappy amenities on board, and most importantly, they aren't really competitive time wise or even price vs the airlines. The only area they succeed in is the NE corridor because they actually are competitive time wise due to the congestion of the major airports. In the rest of the country, they are probably more competitive than taking a Greyhound bus but that's about it.

  35. Trenton Gray

    Trenton Gray9 hari yang lalu

    what needs to be done is to run Amtrak into the ground and restart by a random group of people. If they cut the run between Chicago and Pittsburgh I know about 50 people who won't be able to make their daily commutes to work anymore. The biggest problem I have with their new CEO is the fact that he doesn't have a love for trains or the railroad in general. Almost every single CEO of every railroad in US history had a love for the railroad and that's the problem with their new CEO's they don't care. Get rid of em and you'll see a change.

  36. Wythe Trumpet

    Wythe Trumpet9 hari yang lalu

    Obviously a Finance Man. Not an Engineer, Conductor, let alone a passenger. These types of SOBs only understand EBIT, sales and cashflow. They know nothing about quality and customer satisfaction. A cross country trip on Amtrak beats being packed like a sardine on a crummy, stinking airplane.

  37. Spencer Gambill

    Spencer Gambill9 hari yang lalu

    i dont even understand why it exists in most of the country

  38. FreeSpeech Forever

    FreeSpeech Forever9 hari yang lalu

    The greatest problem for Amtrak is that it has to rely largely on freight tracks. The money needed to have their own railroad would be prohibitive. Having someone who doesn't like trains is not a particularly helpful thing for the importance of the nationwide services of Amtrak. I suppose it's a wait and see situation.

  39. David Schick

    David Schick9 hari yang lalu

    I'd be shocked if 43 percent of their long-distance trains were on time. I don't think it's that high of a figure.

  40. Julie Hansen

    Julie Hansen9 hari yang lalu

    Honestly, the rest of the country is mooching off the northeast. The northeast corridor could cut prices by 25% or more and still be profitable and increase ridership if they weren’t carrying the damn west coast roots. Sorry, but if you want to take the train from New Orleans to California ( which is just ridiculous- book a flight) then you need to pay the true cost of this route, which is likely in the thousands of dollars.

  41. airplanegod

    airplanegod9 hari yang lalu

    Agreed, and the Northeast corridor is the only part of Amtrak making any money. Yet people on here are whining over "middle America" not getting train service. Most of those long haul routes are losing money.

  42. Eric Taylor

    Eric Taylor10 hari yang lalu

    In a country the size of the United States, trains simply can't complete with airplanes. You just can't beat the safety and speed of a wide body jet, not even with high speed rails. Even with the hassle of TSA and layovers, it's still faster to go by air than by plane, especially if you factor in safety.

  43. Steven True

    Steven True10 hari yang lalu

    0:31 dumping fuel illegally this was before LA incident

  44. John Deltuvia

    John Deltuvia10 hari yang lalu

    It's obvious what makes the NE corridor work: they have their own tracks. They invested and got a return on investment. Investing in new tracks on the state and national routes would make those routes profitable, just at it did for the NE corridor.

  45. Kales Room

    Kales Room10 hari yang lalu

    I think we spend way to much on military and we could have the best train service in the world

  46. Tinil0

    Tinil010 hari yang lalu

    Ooof, I've taken one long haul journey on Amtrak (Portland to the middle of northern arizona) and it wasn't amazing but the one real big enjoyable part (Besides I suppose the view in times) was the meal service. Cutting that for prepackaged meals suuuuucks for customer experience.

  47. Malcs GX

    Malcs GX10 hari yang lalu

    He may not care about trains, but the passengers have already complained about the cutting of certain cars on certain trains...whereby losing money

  48. Cheng Liu

    Cheng Liu10 hari yang lalu

    No mention of the autotrain? That is one of the most lucrative routes they have.

  49. ERNEST OBENG

    ERNEST OBENG10 hari yang lalu

    All across the world public transportation provided by the government is not necessarily to make profit. Government run public transportation is to move people all across the country both in the big cities and the small towns so people will have transportation options wherever they need to be and not necessarily to make profit. Amtrak needs more funding from congress so they can improve the trains, tracks and their services. Every year congress approves billions and billions of dollars to the military for foreign operations so easily but funding for Amtrak, public transportation, medicare, Medicaid and other public services is always a hustle. America really need to get their priorities right.

  50. Dan McFarling

    Dan McFarling10 hari yang lalu

    This video has an incredibly long list of false statements. First, and most import, an issue that is NOT mentioned: All non-rail modes of transport are subsidized (aviation, road transport and waterway transport. Freight rail is the only mode of transport that does NOT receive significant subsidy. In fact, freight rail CONTRIBUTES to the tax base, and those railway tax dollars are used to help subsidize other modes of transport. Rail is the ONLY mode of transport that is generally expected to use private dollars to acquire new right of way (ROW), develop said ROW. maintain their ROW, provide signal system, policing and traffic control on their ROW. And they pay taxes on not only their ROW, but also on improvements to their ROW (as mentioned above, these tax dollars help subsidize all other modes). Aviation, road transport and inland waterway transport rely in part or in whole on public funding for their tax-free ROWs, traffic control and policing. In addition, many very significant indirect costs for aviation and road transport are NOT included when computing the costs of these modes. The health care, environmental and other social costs (including very significant costs associated with sprawl) of road transport are staggering. While an essential part of the rail system, the NE corridor does NOT "make a profit. Amtrak employs arbitrary and inappropriate budget gymnastics which arbitrarily spread "administrative and overhead costs" attributable to the NE Corridor that greatly inflate the costs of national or long distance trains. There is far more that needs to be said - but these long distance trains are in many respects, more cost-effective than the corridor trains - and would be even more efficient if they were better managed. Significant improvement would be realized if most national (or long distance) trains operated 2 or 3 times a day, rather than once/day.

  51. Allen G

    Allen G10 hari yang lalu

    "What's likely to happen in the near future" ~Wendover The most likely thing to happen in the near, far and medium future - any future - is that Amtrak will continue to live on the way it has for the last 50 years. They can't survive without congressional support. And to get that funding from congress, they need pork barrel routes like the LA - Chicago to keep rural state like KS and NM voting to give them funding.

  52. jack torrence

    jack torrence10 hari yang lalu

    With luminaries such as Hunter Biden on the board how can you lose?

  53. GrimOxford

    GrimOxford10 hari yang lalu

    Why not have the long distance trains also haul some freight? It could help make the route more profitable, while still allowing the train to haul passengers?

  54. Alfred Molison

    Alfred Molison10 hari yang lalu

    If Amtrak tries to become profitable by eliminating all of the unprofitable routes then they'll shortly discover that the remaining routes are unprofitable. The appearance of profitability in relation to passenger service is illusory. It's a public service that requires constant regular payment by government. Our society and businesses are better off because of that investment.

  55. Alfred Molison

    Alfred Molison10 hari yang lalu

    There's no way to make infrastructure profitable unless you are a private contractor charging the government. Railroad passenger service is like any other form of transportation the government has to massively subsidize it. Public buses, public highways, and publicly paid for airports and air traffic controllers are required. Airlines also get other hidden subsidies.

  56. Ken Lewis

    Ken Lewis11 hari yang lalu

    This channel has showed us how rural areas and small towns are heavily subsidized for air and train travel. These same people vote Republican crying that we need a small federal government. Someone please explain this apparent hypocrisy.

  57. Virginia Tolles

    Virginia Tolles11 hari yang lalu

    Mr. Anderson has said nothing his several predecessors haven't already said. Give me the NEC, and let the others die. That's not problem solving. Amtrak is funded by taxpayer dollars. That means all the taxpayers must have reasonable access to Amtrak's services, not just the NEC.

  58. Nicholas

    Nicholas11 hari yang lalu

    Great, and we all know what a great experience plane travel is...NOT!

  59. Megaozojoe

    Megaozojoe11 hari yang lalu

    I wonder how much of the growing revenue for Amtrak has been America's move away from cars and to public transportation. For years it has been reported that gen z is less interested in cars then ever.

  60. SRMkay

    SRMkay12 hari yang lalu

    Amtrak is as slow as driving and as expensive as a discount airline. I'll pass until something major changes

  61. Don Bing

    Don Bing12 hari yang lalu

    Total BS. Amtrak’s wierd non-GAAP accounting show the NEC as profitable. But on a direct-cost basis, would be a money pit. Likewise the long-distance trains make money. But because of allocations to subsidize the NEC, the long distance trains show a loss. WHO PAID FOR THIS NONSENSE? Anderson simply does not understand the nature of the rail passenger business. It is nothing like air travel. He needs to be replaced!