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c.
Renewed corporate fiscal discipline
d.
Continued population growth and changing demographics e. "State of Good
Repair" efforts
f.
Assessment of long-distance network
g.
Thoughtfully reducing operating expenses
h.
Improving customer service
FY07 "State of Good Repair" -
Anticipated Beech Grove Overhaul Production:
Superliner
1 Coaches (43) Superliner 1 Lounges (5) Superliner 2 Coaches (18)
Superliner 2
Dorms (12) Surfliners (10)
Horizon
Coaches (24) Viewliners (12)
Baggage
Cars (14)
P42
Locomotives (30)
P32
Locomotives (3)
F59
Locomotives (2) Superliner Wreck Repair (10) Locomotive Wreck Repair (5)
Amtrak
Governance:
In
late August, the Amtrak Board appointed Mr. Alexander Kummant as
President and
CEO, replacing Mr. David Hughes, who had been Acting President and CEO
since
David Gunn's
departure.
Mr. Kummant officially began on September 12'" and formerly held three
positions
with
the Union Pacific Railroad from 1999-2003. Prior to joining Amtrak, Mr.
Kummant
served as Executive Vice President and Chief Marketing Officer for
heavy
equipment manufacturer, Komatsu America Corporation.
The Senate confirmed Mary
Peters as the
new U.S. Secretary of Transportation. Previously, Ms. Peters held
positions
with the engineering firm HDR, Inc., the Federal Highway
Administration, and
the Arizona Department of Transportation.
Strategic
Reform
Initiatives:
On
July 28th the USDOT's office of the Inspector General (DOT IG), issued
its
third quarterly report on Amtrak's progress toward implementing the
Strategic
Reform Initiatives that were unveiled in 2005. The report praised
Amtrak for
achieving $46.3 million in savings this fiscal year through May, which
was
better than expected, but implored Amtrak to seek additional
opportunities to
reduce operational costs and streamline operations. To date, these
savings have
been achieved through reducing corporate overhead, and restructuring
the
delivery of food and beverage service--among other efforts.
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