U.S. Passenger Train Projects Receive Funding, including Amtrak and Light Rail, Business and Industry Trends Analysis

While the Coronavirus pandemic dramatically slowed passenger train usage, many train systems have significant long-term expansion plans.  The U.S. remains far behind the rest of the developed world in terms of high-speed passenger rail.  Despite the possible advantages of regional high-speed trains in the U.S., including energy efficiency, low pollution output and relief for crowded airports and highways, funding remains uncertain.  Many analysts also have serious doubts that ridership could reach high enough levels to justify the investment, as America is largely an automobile-based culture.  Recent low gasoline prices found even more Americans on the roadways, and may defer interest…

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