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National Railroad Passenger Corporation company history timeline

1970

Moore has been president and chief executive officer of the Penn Central since September, 1970.

In October 1970 Congress passed the Rail Passenger Service Act which established the National Railroad Passenger Corporation.

1971

On April 21, 1971, the President nominated eight people to serve on the corporation's Board of Directors.

On May 1, 1971, the first passenger trains operated by the National Railroad Passenger Corporation pulled out of stations around the country, beginning what was depicted as a two-year federal undertaking to revive (and save) long-distance, intercity rail passenger service in the United States.

The company has 8,000 employees, up from 75 at the start of service in May 1971.​

1972

April – Purchases the Beech Grove, Ind., heavy maintenance facility from Penn Central (PC had been performing heavy overhauls of Amtrak equipment at Beech Grove since early 1972). August 7 – The first of the new single-level Amfleet cars enter revenue service on the Statesman (Washington-Boston).

Congress approved funding for fiscal years 1972-73 totaling $179.1 million in grants and $100 million in guaranteed loans.

1973

The Regional Rail Reorganization Act of 1973 created Conrail (Consolidated Rail Corporation), a federally supported freight company made up of seven bankrupt railroads operating in the Northeast.

1975

1975: The first Amfleet cars enter revenue service.

In 1975 Amtrak estimated that it would lose $75 million a year even if it sold every seat on every train.

1976

Three years later, following the passage of the Railroad Revitalization and Regulatory Reform Act in 1976, Amtrak acquired 621 miles of right-of way from Conrail.

Completes a five-year, $44 million project to upgrade the 48-acre Chicago Yard and maintenance facility south of Union Station, which it had purchased from Penn Central in 1976.

1977

December 12 – In partnership with the Commonwealth of Virginia, extends daily Northeast Regional service to Norfolk, Va., providing intercity passenger rail service to South Hampton Roads for the first time since 1977.

In fact, by 1977, the number of miles in the Amtrak system had grown to 27,000.

1977: The Northeast Corridor Improvement Project begins.

Purchases 104 privately-financed Horizon cars from Bombardier, Inc. - first short-distance cars acquired since 1977.

1979

Finally, under restructuring in 1979, several routes were dropped as the basic network was cut to 24,000 miles.

In 1979 Amtrak's president proposed, unsuccessfully, that Congress undertake a radical reexamination of Amtrak's mission and allow it to be run as a public service rather than as a money-making venture.

1980

1980: Amtrak launches "America's Getting Into Training" advertising campaign.

1981

In addition to revenues from the commuter and 403(b) trains, by 1981, Amtrak's real estate revenues were generating about $9 million a year.

1982

After 1982, under Amtrak's bargaining agreements, crews were paid based on a 40-hour work week, not on mileage and other factors as had been the case with the freight lines.

1984

May 12 – With financial support from the state of North Carolina, Amtrak initiates the Carolinian (New York-Raleigh-Charlotte). Linking the state’s financial hub and capital, the train is an outgrowth of an earlier trial service over the same route that operated from 1984-85.

In 1984 the company acquired the remaining one-half interest in Chicago Union Station.

1985

In 1985, Amtrak's supporters argued that shutting down Amtrak completely would result in costly drops in productivity due to traffic jams and crowded airports in the major corridors, especially in the northeast.

In 1985 the Director of Management and Budget, David Stockman, called for its complete dissolution.

1986

In 1986, Amtrak became the dominant carrier between New York and Washington, with 38 percent of the total air-rail market.

1987

The takeover of the operating crews continued for the next several years, until, by 1987, Amtrak employed most of the crews operating passenger trains around the country.

1988

——. "Why Amtrak Must Go." Newsweek, 7 March 1988.

1989

In 1989, the company began another period of capital investment, as Amtrak purchased 104 short-distance passenger cars to alleviate crowding on routes in the Midwest and in California's San Joaquin Valley.

But with operating expenses in fiscal 1989 of nearly $2 billion, it continued to have an operating loss larger than the $554 million operating grant it received from the federal government.

1990

1990: With financial support from the state of North Carolina, Amtrak initiates the Carolinian (New York-Charlotte) in May.

1991

“Amtrak Source Book,” Washington, D.C.: National Railroad Passenger Corporation, 1991.

1992

Amtrak chosen to operate the new Virginia Railway Express commuter rail service (VRE begins service in 1992)

1994

1994: Given the company's impressive revenues, Congress demands that Amtrak become a self-sufficient corporation.

1995

Shaw, Russell. "Amtrak Offers Budget Cuts to Avoid the End of the Line." Insight on the News, 23 January 1995.

1996

Although revenues increased to $1.6 billion in fiscal year 1996, debt and capital lease obligations were almost $1 billion.

1996: Ground is broken for the electrification of the Northeast Corridor between New Haven, Conn., and Boston.

1997

Buttressed by the Taxpayer Relief Act of 1997 Amtrak launched a $360 million capital improvement program.

1998

In California, 14 new dual-level dining cars were introduced on the state-supported routes, and in Washington, three pendular "tilt" Talgo trains were ordered by Amtrak and the Washington Department of Transportation for delivery in 1998.

"Intercity Passenger Rail." Washington, DC: General Accounting Office, 1998.

1999

Elliott, Stuart. "An Offbeat Campaign for Amtrak Introduces a New Rail Service." New York Times, June 4, 1999.

On October 11, 1999, during testing in Rhode Island, a high-speed Acela train set a new United States train-speed record of 168 miles per hour.

Trains able to travel 150 miles an hour were added to service the Northeast Corridor beginning in 1999.

2000

In 2000 only a single service route, the high-speed-rail Metroliner between New York City and Washington DC generated a profit.

2001

hecker, jayetta z. "intercity passenger rail: the congress faces critical decisions about the role of and funding for intercity passenger rail systems." washington dc: general accounting office, 2001.

2002

Hightower, Brendan. "Break-up and Partial Sell-off Put Forward as Way to Rescue United States Railways." Financial Times, 14 February 2002.

Sanchez, Humberto. "Senate Committee Leaders Push Bush Administration for Rail Plan." Bond Buyer, 15 March 2002.

Amtrak was absolved of the responsibility to prepare its own liquidation plan by a defense act signed into law by President Bush in early 2002, but was told they still needed to attain self-sufficiency.

However, the corporation continued to operate at a deficit each year, and its federal subsidies consistently exceeded a billion dollars beginning in 2002.

2003

In July 2003 two competing funding plans warred for prominence.

Furthermore, Amtrak was never able to resolve the confusion engendered by the Acela rebrand for Regional as well as Express services and dropped the Acela name from the Regional service in 2003.

2004

By February 2004 the Amtrak supporters had won, and Amtrak was approved for $2 billion a year for six years.

2006

October 30 – State Supported services between Chicago and downstate Illinois double from three roundtrips to seven as the state invests in additional frequencies following record ridership in Fiscal Year 2006.

2006: The Keystone Corridor Improvement Project allows for topspeeds of 110 mph between Philadelphia and Harrisburg, Pa.

2007

Amtrak wins the "2007 Image of the Year Award" from the National Association of Uniform Manufacturers and Distributors.

2008

October 15 – Negotiates contracts with 18 states through 19 agencies to increase state control and funding of 28 passenger rail routes (750 miles or less) under the provisions of the Passenger Rail Investment and Improvement Act (PRIIA) of 2008.

In 2008, Amtrak served nearly 30 million passengers, representing six straight years of record ridership.

2009

In addition, Amtrak received some $1.3 billion for improvements to the system’s infrastructure as part of the American Recovery and Reinvestment Act (2009).

2010

The new service is part of a three-year pilot program that will also include new Washington-Richmond service starting in July 2010.

2011

"Amtrak Connect" Wi-Fi equipment installed on more than 450 Amfleet cars; by the end of 2011, approximately 75 percent of all Amtrak passengers have access to free on-board Wi-Fi.

2012

Commits to an aggressive program to install Positive Train Control technology on the Northeast Corridor and the Michigan Line by 2012.

Announces that in FY 2012, Amtrak covered 88 percent of its operating costs with ticket sales and other revenue.

2014

2014), Amtrak carries 30.9 million passengers and earns $2.2 billion in ticket revenue.

2015

2015), Amtrak carries 30.9 million passengers and earns $2.2 billion in ticket revenue.

Moorman had retired as chairman and CEO of Norfolk Southern Corporation in 2015.

2016

2016: Amtrak and partners unveil the 30th Street Station District Plan.

2017

2017), Amtrak carries 31.7 million customers and earns $2.24 billion in ticket revenue.

2018

2018), Amtrak customers take 31.7 million trips.

2020

2020), Amtrak customers take 16.8 million trips, a year-over-year decrease of 15.2 million passengers, owing to pandemic-related travel demand reductions.

2021

December 1 – Metrolink, Southern California’s commuter rail service, awards Amtrak a four-and-a-half-year contract for commuter train operations services that will begin on January 1, 2021.

2022

Wernick, Ellen; Jones, Howard "National Railroad Passenger Corporation (Amtrak) ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/national-railroad-passenger-corporation-amtrak

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1970
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