Re:Europe is investing heavily in trains
by thebean11 on Tuesday April 12, 2022 @10:10AM
(#31002973)
Doesn't the government build and maintain the rails?
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Re:Europe is investing heavily in trains
by Karrot_Kream on Tuesday April 12, 2022 @01:52PM
(#31006050)
Amtrak hasn't built much new rail. Amtrak maintains its rail and rolling stock and buys new rolling stock. Most of Amtrak's rail routes were originally made by the private rail companies that owned American rail during the Industrial era. Even the lines leased by freight rail was originally made by private rail companies. These companies were going bankrupt and the US government created Amtrak as a holding company to deal with selling off or winding down existing rail assets.