- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: China's bullet train that could go from NY to Chicago in 4.5 hours shows how behind US is
Posted on 5/12/18 at 6:49 am to TygerDurden
Posted on 5/12/18 at 6:49 am to TygerDurden
quote:
Yes I will give you we are behind in passenger rail here in the US
The rest of what you said is true, but I take issue with this statement.
It’s not the we are “behind”. It’s that the market chose freight instead of passengers and the market chose well. You can make a lot of money hauling freight over rail. You can’t make money with passengers.
It cannot be over-emphasized that even the NY subway system, with its huge ridership, loses money due to the colossal debt service on the construction bonds. Rail (especially subway) has massive construction (and eminent domain land acquisition in the case of non-subway) costs and you can’t charge people enough to make a return on the investment. Only with freight can you assess a high enough fee, and run often enough, to make money.
The advantage of air as a mode of passenger travel is that you don’t have to aquire the land the planes fly over.
This post was edited on 5/12/18 at 6:53 am
Popular
Back to top
Follow TigerDroppings for LSU Football News