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.

  • deranger@sh.itjust.works
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    1 year ago

    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.

    • Illegal_Prime@dmv.social
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      1 year ago

      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.