July 22, 2014 6:47 PM ET

Road and Rail

Company Overview of National Railroad Passenger Corporation

Company Overview

National Railroad Passenger Corporation, together with its subsidiaries, provides rail passenger transportation services in the intercity travel markets in the United States. It also operates commuter railroads on behalf of various states and transit agencies; offers equipment and right-of-way maintenance services; provides infrastructure access to commuter agencies and freight railroads; performs rail services for other rail operators, such as commuter agencies and freight railroads; and manages and leases commercial real estate. It operates a national rail network of approximately 21,000 route miles covering approximately 500 destinations in 46 states, the District of Columbia, and 3 Canad...

60 Massachusetts Avenue NE

Washington, DC 20002

United States

Founded in 1970

Phone:

202-906-3000

Fax:

202-906-3306

Key Executives for National Railroad Passenger Corporation

Chief Executive Officer
Chief Financial Officer and Vice President of Operations
Chief Operating Officer
Vice President
Inspector General and Member of Executive Committee
Compensation as of Fiscal Year 2014.

National Railroad Passenger Corporation Key Developments

Amtrak Presents at Washington D.C. & Mid-Atlantic Data Center Summit, Nov-20-2013 09:20 AM

Amtrak Presents at Washington D.C. & Mid-Atlantic Data Center Summit, Nov-20-2013 09:20 AM. Venue: Westwood Country Club, 800 Maple Ave E, Vienna, VA 22180, Austria. Speakers: Jason Molfetas, Chief Information Officer.

Connecticut Department of Transportation and Amtrak Announce Cost Sharing Agreement

Connecticut Department of Transportation Commissioner James Redeker and Amtrak President and CEO Joseph Boardman announced the completion of a cost sharing agreement to fund Amtrak's New Haven-Hartford-Springfield (NHHS) Line, as required by Section 209 of the Passenger Rail Investment and Improvement Act of 2008 (PRIIA). PRIIA Section 209 calls for states to share the costs of Amtrak routes of less than 750 miles. The agreement signals the start of a new partnership between Connecticut and Amtrak, with the shared goal of improving all aspects of train service for NHHS riders. Under the agreement, Connecticut in partnership with the States of Massachusetts and Vermont share in the costs of Amtrak train service between New Haven and Springfield, Massachusetts, and the Vermonter service between New Haven and St. Albans, Vermont. Connecticut will pay approximately $4.4 million as its share in state fiscal year 2014 to cover operating and equipment capital costs associated with the NHHS Line train services. The Amtrak trains also provide service to station stops at Wallingford, Meriden, Berlin, Hartford, Windsor, and Windsor Locks. The state funding will pay for operating costs associated with the line, including fuel and labor costs, offset by passenger ticket revenues. The funds will also cover costs for the repair and maintenance of Amtrak's equipment. This agreement also requires Connecticut and Amtrak to establish performance measures for the state-supported Amtrak rail services. The program will measure several different criteria including: 1) On-time performance of trains 2) Cleanliness of the trains and Amtrak-operated facilities and 3) customer service delivered by the train crews. Amtrak and Connecticut will develop metrics for the performance program over the next 90 days, which will include incentives for meeting and exceeding the agreed-upon standards. The first year of the program will be used to create baseline metrics for future years.

Amtrak Announces Executive Appointments

Amtrak announced that it has named Magdy El-Sibaie as the new chief safety officer and Robin McDonough as chief, business operations. Both will report directly to DJ Stadtler, vice president of operations. As chief safety officer, Dr. El-Sibaie will be responsible for planning, directing and overseeing the safety activities and standards of Amtrak departments to achieve continuous improvement in employee and passenger safety, including the railroad's Safe-2-Safer behavior-based cultural safety program. As chief, business operations, Ms. McDonough is responsible for collecting and analyzing operations performance metrics, performance improvement planning, budgeting and administration, and operations technology oversight to ensure integration across the new Operations business lines being established under the Amtrak Strategic Plan to support improvements that drive financial and operating performance.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 5, 2013
National Railroad Passenger Corporation, Cira Centre Ground
 

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