The big four that I'm thinking of are Union Pacific, BNSF, CSX, and Norfolk Southern
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I wish passenger rail had the same model.
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It used to, was hard to compete with heavily subsidized road and air networks. Once the lines lost the mail contracts, there really was no revenue and since this was all pre-Staggers act, they were losing money on freight as well.
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Not really...even when they had a captive market, us railways were generally hostile to passenger needs. Absolutely no surprise that people turned to cars asap
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For passenger rail to work in USA we must absolutely avoid returning to old us passenger rail practice--leftover tendencies still plague existing passenger rail here
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You’d have to show that passenger would be very (O/R of 50% plus) to even have the class ones begin to want the headache. Not even thinking along the infra upgrades required.
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The big ones mentioned (plus the 2 Canadians and KCS (which does a lot of Mexican hauling) all pay regular stock dividends (except BNSF, which runs inside Warren Buffet's empire and doesn't)
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if for some reason they ever weren't able to, you'd see pension funds and insurance companies squirm like crazy
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Don't forget CP and CN.
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