We went through some pretty lean times. Now, Dysart and other proponents must stake that funding to prove rail can increase it share of the transportation network. By Debra K. Rubin , with Mary B. Powers P assenger rail is on a roll but freight line construction isn't just sitting at a siding. Private freight rail haulers are vying harder than ever to pull business from highways. Record infrastructure investment is part of rampant consolidation among North America's largest cargo carriers as they revive neglected lines and avoid costly congestion at key ports and rail hubs.
Freight rail is is taking competitive aim at the trucking industry.
We had to cut dividends to maintain capital spending. About 100 miles must be double-tracked, with new bridges, crossings and signals included. Smaller lines are also eyeing big investment. Construction executives are optimistic that the boom is pushing railroads, long known for keeping work in house, to seek outside help.