this post was submitted on 30 Aug 2023
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Wtf is with that phrasing? Amtrak's "monopoly" and "grip"?
Amtrak is the only one left because passenger rail service was unprofitable without federal assistance.
Yeah talk about inflammatory writing. They took over because the private sector didn't want to, now the private sector is figuring out how to make it profitable and they want it back.
Sounds like they want profit but not the risk
It's worth noting several private operators kept the lights on for a few years. I believe the Rio Grande's main remaining service was to some ski destinations, and the Southern continued to run the Crescent.
Most others were all to eager to toss off a fiscal albatross.