Amtrak Joins RailNet-USA.com.Business Editors DULLES, Va.--(BUSINESS WIRE)--March 7, 2000 National Passenger Railroad Aims to Enhance its Competitive Edge Via an Internet-Based, Business-to-Business Community RailNet-USA.com(TM), the first subscriber-based, online working community for the national railroad contracting industry, today announced that Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run has become the third Class I railroad A Class I railroad in the United States, or a Class I railway (also Class I rail carrier) in Canada, is one of the largest freight railroads, as classified based on operating revenue. Smaller railroads are classified as Class II and Class III. to subscribe, joining CSX Transportation "CSX" redirects here. For the parent company, see CSX Corporation. For other uses, see CSX (disambiguation). CSX Transportation (AAR reporting marks CSXT) is a Class I railroad in the United States, owned by the CSX Corporation. , Inc. and Norfolk Southern Corp. As a RailNet-USA.com member, Amtrak will be able to electronically issue requests for bids and purchase orders, as well as communicate with its trading circle of contractors, subcontractors, suppliers and service providers. "Amtrak has remained competitive by seeking and implementing new technologies to help perform our business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets more efficiently," said Mike Rienzi, vice president of procurement at Amtrak. "We believe RailNet-USA.com is a tool to help us obtain that competitive edge," he added. "Amtrak is among the most pre-eminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae companies in the rail industry today," noted Larry Goodman, general manager of RailNet-USA.com. "We're proud to welcome them to our growing community," he added. Among other features, RailNet-USA.com enables subscribers to search for vendors by area of specialty, geographic area and minority business status; access vendor catalogs; send documents and attachments in original format; transmit blueprints without special software; submit online purchase orders; e-mail requests for bids, proposals and quotes to individual or multiple recipients; access archived e-mails; and verify transmission and receipt of information. In addition, the application features a bulletin board and an auction site, which is offered on a fee-for-service basis. The auction site enables railroads to sell surplus material, and other companies to buy and sell supplies and services. Amtrak operates a 22,000-mile intercity in·ter·cit·y adj. Relating to, involving, or connecting two or more cities: intercity rivalry; an intercity bus. Intercity Adjective trademark passenger rail system, serving more than 500 communities in 45 states. Under Amtrak's new leadership, the corporation is turning the corner to become a successful business enterprise. As part of its turnaround, Amtrak is focusing on growing public and private business partnerships, improving and guaranteeing consistency and quality of service, introducing high-speed rail High-speed rail is a type of passenger rail transport that operates significantly faster than the normal speed of rail traffic. Specific definitions include 200-320 km/h (125-200 mph) - depending on whether the track is upgraded or new - by the European Union and above 90 mph in the Northeast and developing other high-speed rail corridors nationwide. For more information about Amtrak, including schedules, fares and reservations, visit Amtrak's Web site at www.amtrak.com. RailNet-USA.com was launched by Internos Corp. in 1999 to improve efficiency in the highly fragmented national railroad contracting marketplace. The online trading community An online trading community exists to provide its members with a structured method for trading, bartering, or selling goods or services. These communities often have forums and chatrooms designed to facilitate communication between the members. provides enhanced marketing, bidding, communication and commerce for Class I, regional and short line railroads; general contractors A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. ; subcontractors; suppliers and service providers. Founded in November 1996, Internos Corporation of Dulles, Va., creates, operates and markets Internet-based working communities for selected industries. Internos' online communities are designed to facilitate daily business-to-business communications, commerce and relationship-building in highly fragmented, traditionally paper-intensive industries. The company currently has 74 employees. More information on Internos and its vertical communities can be found at www.internoscorp.com. |
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