Passenger Train Services Can And Does Make Money


By Noel T. Braymer

What does most of the rest of the world know, that most Americans don’t? It’s that rail passenger service is valuable for their economy. Most of the major long distance rail passenger services around the world operate at a profit. Often there is competition between companies willing to pay to secure a franchise in order to run passenger trains and make money. This includes high speed rail service. It’s not just running the trains that makes money. In San Diego an unnamed private investor just bought the downtown 102 year old Santa Fe Depot which is San Diego’s train station. Why would this person do this? Because it was a good investment, in other words to make money. Since the expansion of Los Angeles to San Diego rail passenger service in the late 1970’s from 3 round trips to 6, passenger traffic has increased. Today 12…

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