Rail Runner Runs Away with Taxpayers’ Money

Commuter rail on existing tracks sounds seductively attractive at first glance. You don’t have to buy right of way or build new rail lines; you merely have to make a few upgrades and buy some used commuter cars and locomotives and–voila!–you have a hip new rail transit line to attract Millennials to your urban area.

If politicians ever did more than take a first glance at these projects, they would realize that it never works out that way in practice. Costs are a lot higher than expected, and even if you only run a handful of commuter trains a day going a maximum of 40 miles per hour, the feds have added to your costs by requiring you to install the same positive train control systems designed to handle the hundreds of 110-mph trains per day that use the Northeast Corridor.

Worse, existing freight lines rarely go where people want to go, so ridership is often low and fares sometimes cover less than 10 percent of operating costs, and of course zero percent of capital costs. Orlando’s SunRail fares aren’t even enough to pay for the ticket machines, much less any of the costs of operating the trains themselves. Continue reading