Amtrak may restructure long-distance trains

17th Mar 2006

Amtrak is looking to reevaluate its 15 long-distance trains this year and could restructure that service, the railroad’s board chairman told reporters.The rail firm is under pressure to cut costs and reform its business practices.

David Laney told reporters after a Senate hearing the board will not name a new president before mid-May but may look at someone from the airline industry to replace David Gunn.

Gunn was dismissed last fall after not supporting the board’s business reform plan—one which is being driven by the Bush administration.

Amtrak received $1.3 billion in subsidies this fiscal year and is requesting $1.5 billion for 2007.

The rail firm is a for-profit federal corporation that relies on subsidies.





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