Is America’s quest for high-speed trains finally picking up steam?::New projects in California, Texas, and Florida are a sign that the United States is finally getting serious about modernizing its commuter railway system.
Is America’s quest for high-speed trains finally picking up steam?::New projects in California, Texas, and Florida are a sign that the United States is finally getting serious about modernizing its commuter railway system.
Considering railroads have done over $200 billion in stock buybacks (about the cost for coast to coast high speed rail) I think it’s very possible, we just have to nationalize.
It’s very profitable to run a railroad into the ground and push as much shipping to trucks as you can.
It’s not profitable, it just lowers the operating ratio, which is what railroads (quite stupidly) judge their productivity on.
Operating ratio =/= more money despite what they think.