AMTRAK REVENUES, FARES, AND RIDERSHIP IN THE 1990S: TRENDS AND PASSENGER REVENUES FORECAST ERRORS

This article examines Amtrak's trends in revenues, fares, ridership, and federal operating subsidy during the 1990s, and analyzes the causes of its errors in its past forecasts of passenger revenues over FYs 1990-1994. In the 1990-1994 period, Amtrak typically overestimated its revenues. In FY 1996, Amtrak's new management overestimated the extent to which its fares could be increased, resulting in a significant portion of the $33 million shortfall in passenger revenues compared to its budget estimate.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1588960
• Corporate Authors:

  American Society of Transportation and Logistics

  320 East Water Street
  Lock Haven, PA  United States  17745
• Authors:
  • Williams, D G
  • Warren, J J
• Publication Date: 1997

Language

• English

Media Info

• Features: References; Tables;
• Pagination: p. 5-16
• Serial:
  • Transportation Journal
  • Volume: 36
  • Issue Number: 4
  • Publisher: American Society of Transportation and Logistics
  • ISSN: 0041-1612
  • Serial URL: https://scholarlypublishingcollective.org/psup/transportation-journal

Subject/Index Terms

• TRT Terms: Errors; Forecasting; Operating subsidies; Passenger trains; Revenues; Ridership; Trend (Statistics)
• Identifier Terms: Amtrak
• Subject Areas: Finance; Operations and Traffic Management; Passenger Transportation; Railroads;

Filing Info

• Accession Number: 00745008
• Record Type: Publication
• Files: TRIS
• Created Date: Jan 27 1998 12:00AM