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Railway Transportation
Railroad's mixed signals

The National Association of Railroad Passengers, the country's largest train and transit advocacy group, issued a warning last month that deserves to be repeated here. The final numbers on Amtrak's ridership and revenue in fiscal 2014 are in, and the railroad did record-breaking business over the past year. But the failure to invest sufficiently in the nation's railroad system is threatening to grind Amtrak trains to a slow crawl. That may be a familiar circumstance with Amtrak, surely mile-for-mile the most neglected form of passenger transportation in the United States. But it's getting worse and worse. Not just because of an insufficient investment in Amtrak-owned...