Tuesday, October 15, 2019
Intercontinental Railway System - Amrak Essay Example | Topics and Well Written Essays - 1750 words
Intercontinental Railway System - Amrak - Essay Example As an intercontinental railway system, it serves New York, Washington, Philadelphia, Chicago, Los Angeles, Boston, Sacramento, Baltimore, Albany-Rensselaer, San Diego, New Haven, Wilmington, Nelwark, Seattle, Portland, Irvine, BWI Airport, Providence, Milwaukee, Emeryville, Harrisburg, Lancaster, Boston, and Bakersfield. Thus, it caters the needs of 30.2 million people in America. Owing the expediency and high demand of its services, the company invested for projects to enhance their services and sustain the railway network (Vromans, Dekker, & Kroon, 2006). With the magnitude of services accorded to the public, it facilitated the interconnection of cities populated with diverse and multicultural communities. Amrak became instrumental too in cultural exchanges, in bridging people-to-people relations and intercultural immersion via travels, tourism, migration, and opportunities in other states which drive the influx of people from one place to another point of destination (Gapinski & T uckman, 1978). Experts opined that the contribution of this railway in shaping socio-cultural development and economic expansion in North America is more appreciable than in Europe. The railway was partly author of industrialization as this was the major transportation of business sector to-and-fro the mainland. This compelled the company to coordinate with all states served for its security as a matter of policy and as measures for public welfare. Legal coordination and networking to all states was an indispensable corporate strategy to accord passengerââ¬â¢s security. As a business, the railway is also one of the leading companies that are dependent on the consumption of energy and thus, also confront the challenges in the utilization of oil and gas amid call for ecological protection and regulation of pollution emission. Although it contributed much for economic advancement because it raked high revenue but there is a need to reevaluate and optimize the companyââ¬â¢s expend itures because it has oddly spent $ 3.95 billion in 2011 when it only earned $ 2.71 billion in its operation (Dunn et, al., 1997). Cash flows need to be regulated in such measure that will not devalue the services and sacrifice its operations amid escalating cost in the market. With these stark realities, the company remained subject to the corporation, transportation, insurance, and security policies of the states served and by United States of America. If the policies are not liberally construed to also assist the condition of the company, then unsupportive policies will negatively impact to Amtrakââ¬â¢s operational activities, thus, may constrain its business relations with its passengers and cargo customers. Perl and Dunn (1997) pointed that Amtrak, as a quasi-public and profit ââ¬âoriented corporation had some internal flaws since it dissociated itself from America's private railroads and from trust-fund financial scheme that could subsidize public transport. Perl and Du nn (1997) criticized its over dependency on political patrons and labor union for protection against executive budget cuts, thus, bleeding its operational cost too much by running the railway system with expensive contracts and services against its revenue. Although the company has undertaken serious
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