Month: September 2005

No Picture
Amtrak

A Brewing Battle: Poor Management Leads to Millions in Losses

September 15, 2005 The Cross-Tie

WASHINGTON — Poor management controls of Amtrak’s food and beverage service lead to millions in losses annually, reports reveal. The Amtrak Inspector General (IG) and the Government Accountability Office (GAO), at a recent Congressional hearing, outlined their separate reviews of Amtrak’s food and beverage service and the substantial losses incurred by Amtrak due to poor management. According to the IG’s review, Amtrak’s food and beverage operations lose up to $150 million each year. The IG figures do not incorporate losses resulting from theft, which were discussed in the hearing as being significant. The GAO review found that for every dollar

No Picture
BNSF

BNSF Railway Makes $1 Million Contribution, Offers Transportation Help to Hurricane Victims

September 2, 2005 Railfanning.org News Wire

FORT WORTH, Texas – A contribution of $1 million to aid victims of Hurricane Katrina was announced Sept. 2 by BNSF Railway Company, along with an offer to the governors of Louisiana, Mississippi and Alabama to provide railroad transportation in support of hurricane relief and recovery efforts. The contribution by the railway, a subsidiary of Burlington Northern Santa Fe Corporation, will be made to the American Red Cross via the Burlington Northern Santa Fe Foundation. “All of America grieves at the unfolding tragedy and our Company and employees are anxious to help. We understand there are matters more immediate than

No Picture
Amtrak

Poor Management Leads to Millions in Losses

September 1, 2005 Railfanning.org News Wire

WASHINGTON — Poor management controls of Amtrak’s food and beverage service lead to millions in losses annually, reports reveal. The Amtrak Inspector General (IG) and the Government Accountability Office (GAO), at a recent Congressional hearing, outlined their separate reviews of Amtrak’s food and beverage service and the substantial losses incurred by Amtrak due to poor management. According to the IG’s review, Amtrak’s food and beverage operations lose up to $150 million each year. The IG figures do not incorporate losses resulting from theft, which were discussed in the hearing as being significant. The GAO review found that for every dollar