Will High-Speed Rail Make Money in America?

<p>Answering this question is tough because Amtrak, a federally owned corporation, operates most of America&rsquo;s intercity passenger trains. Similarly, Via Rail, a Crown Corporation (government-owned company), operates most of Canada&rsquo;s intercity passenger trains. Meanwhile, regional agencies operate the commuter trains millions of Canadians and Americans ride each day.</p> <p>Governments operate most of North America&rsquo;s passenger trains because private railroads found passenger service unprofitable. For example, President Richard M. Nixon (R-California) and Congress<a href="https://medium.com/lessons-from-history/why-the-usa-does-not-have-high-speed-rail-085f4064fc3a" rel="noopener">&nbsp;organized Amtrak</a>&nbsp;to preserve passenger rail service in the US.</p> <p><a href="https://medium.datadriveninvestor.com/will-high-speed-rail-make-money-in-america-e1370af09563"><strong>Read More</strong></a></p>
Tags: Money America