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

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.  Extremely low gasoline prices in 2015-18 found even more Americans on the roadways, and may defer interest in new trains. Voters in California approved $10 billion in bonds in 2008 to…

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