March, 2011

"Transportation Secretary Ray LaHood recently designated Amtrak's Northeast Corridor between Boston and Washington, D.C., as an "official" high-speed rail corridor, opening the region up to additional federal funding." ...

That's the ratio of public costs of trucking over rail, when including externalities, according to GAO. That's an estimate, but a minimum estimate; the ratio may be worse. The report is worth a look: http://www.gao.gov/new.items/d11134.pdf...