CNBC Explores: America’s Railroads | CNBC Marathon
CNBC
View ChannelAbout
Welcome to the official YouTube channel for CNBC. From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. For real-time news updates from around the world, visit: http://www.cnbc.com Don’t miss a market moment, Stream CNBC+ now: http://www.cnbc.com/WatchCNBCPlus For CNBC's International YouTube channel, visit: http://www.youtube.com/cnbcinternational
Latest Posts
Video Description
CNBC Marathon explores the freight and passenger railroads in America. The United States lags behind the rest of the world when it comes to passenger trains but when it comes to the freight railroad the U.S. is dominating. The U.S. freight rail network operates over 140,000 miles of privately-owned track in every state except Hawaii, according to the Association of American Railroads. It moves one-third of all U.S. exports and roughly 40% of long distance freight volume. Correction (February 3, 2022): Craig Fuller incorrectly states Amtrak is for-profit but Amtrak is not a for-profit corporation. Taking a train in the U.S. is often more expensive than flying and more expensive than intercity train systems in other developed countries, which often have even faster trains and better service. But Amtrak, the federally funded company that runs many of America’s passenger trains, has never made money. In fact, the company has a $42 billion repair backlog and in 2021 wasn’t even able to cover half of its expenses from ticket revenue. That business comes mostly from the populous Northeast Corridor, where tickets are quite pricey. Ridership is slowly recovering from an all-time low due to the pandemic, and now Amtrak wants to expand service in a major 15-year plan, with $66 billion in funding from the Bipartisan Infrastructure Law. The U.S. has no high-speed trains, besides a few small sections of Amtrak’s Acela line in the Northeast Corridor. China has more than 19,000 miles of high-speed rail, the vast majority of which was built in the past decade. Japan’s bullet trains date back to the 1960s. France began service of the high-speed TGV train in 1981 and the rest of Europe quickly followed. Watch the video to see why the U.S. continues to fail with high-speed trains, and the companies that are trying to fix that. Chapters: 00:00 — Introduction 00:39 — How freight trains became so successful in the U.S. (Published Feb. 2022) 15:30 — Why train tickets cost so much in America (Published Nov. 2022) 35:39 — Why the U.S. has failed with high-speed rail (Published May 2019) » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC CNBC Explores: America’s Railroads | CNBC Marathon
Capture Every Adventure
AI-recommended products based on this video

RuffleButts Baby Girls UPF 50+ Sun Protection Novelty Print Long Sleeve One Piece Rash Guard Swimsuit with Zipper

Lenovo 15.6" Laptop, Intel 10-Core i7-13620H (Beat Ultra 7 255U), 40GB DDR4 RAM, 2TB PCIe SSD, WiFi 6, Bluetooth 5.2, FHD Computer for Business & Student, RJ45, Type-C, HDMI, Windows 11 Pro, Wendbo

Lenovo V15 Laptop | 15.6" FHD Anti-Glare Display | AMD Ryzen 7 7730U | 40GB RAM | 1TB PCIe SSD | HDMI | Type-C | Webcam | Wi-Fi | THUNDEROBOT Wireless Ergonomic Mouse | Windows 11 Pro | Black

DJI Mini 4K, Drone with 4K UHD Camera for Adults, Under 249 g, 3-Axis Gimbal Stabilization, 10km Video Transmission, Auto Return, Wind Resistance, 1 Battery for 31-Min Max Flight Time, Intelligent Flight

DJI Mic Mini (2 TX + 1 RX + Charging Case), Wireless Lavalier Microphone for iPhone/Camera/Android, Ultralight, Detail-Rich Audio, 48h Use, Noise Cancelling, Automatic Limiting, Vlog, Streaming

Wireless Earbuds Bluetooth V5.3 Headphones 50H Playback Deep Bass Stereo Ear Buds with LED Power Display Charging Case IPX7 Waterproof Earphones with Mic Headset for Laptop Pad Android/iOS Phones

Wireless Earbuds, Bluetooth 5.3 Headphones LED Power Display, 2025 New Wireless Earphones, 4 ENC Noise Cancelling Mic, HiFi Stereo, 48H Playtime Mini Case IP7 Waterproof for Sport Walk

DJI Mini 4K, Drone with 4K UHD Camera for Adults, Under 249 g, 3-Axis Gimbal Stabilization, 10km Video Transmission, Auto Return, Wind Resistance, 1 Battery for 31-Min Max Flight Time, Intelligent Flight





































