Amtrak is the trading name of a business called The National Railroad Passenger Corporation. Amtrak is a passenger railroad business providing medium-to-long-distance intercity services across the contiguous US except for Wyoming, South Dakota and nine cities in Canada in Ontario, British Columbia, and Quebec. Amtrak serviced 31.17 million passengers in 2017 and generated a revenue of $3.3 billion. It employs 20,000 employees and provides numerous employment opportunities for conductors, laborers, project managers, purchasers, marketers, administrators, HR personnel, and more. Its headquarters are located in Washington, DC.
Amtrak was founded in 1971 as a quasi-public corporation. Its role was to operate the numerous US rail services with the help of federal and state subsidies. Despite this, the company is a for-profit organization.
Around the time of the company's foundation, passenger services were in decline and several proposals were suggested to try and help the industry. One proposal in 1969 suggested that a quasi-public corporation should take over the operation of intercity trains. President Nixon signed the Rail Passenger Service Act in 1970.
The total number of locations served by Amtrak is over 500 in 46 states and three provinces of Canada. This amounts to 300+ daily trains operated over 21,400 miles of track. Some of these trains operate at speeds greater than 150mph. Of the tracks that their trains operate on, Amtrak owns 730 miles. Two thirds of the company's passengers originate in the 10 largest metropolitan areas.
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