Page 20 - Freight Lines News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A little while ago i had a chance to talk to the chief officer for system's safety for the southeastern transportation authority or septa. scott, you're the chief safety officer for septa, these tracks here, we're walking by, we're walking by amtrak's tracks. they're all using -- at certain times, the same sets of tracks, right? >> that's right. there's a lot of shared use, amtrak's a big owner of track in this area, and septa, and a lot of freight lines use the track to move freight back and forth through the area. >> tell me how speed works. the train is going to slow down coming into the st...

Country, it gets even more and more, because there's lots of little railroads and freight lines that operate all over the country that eventually are going to have to be integrated. >> one last question, you don't wear a seat belt in a train. you wear one in a plane, you put it on on a plane, geez, if we crash, we crash. i don't know what the seat belt's going to do. why don't you wear seat belts on the train? wear a seat belt in a train. you wear one in a plane, you put it on on a plane, geez, if we crash, we crash. i don't know what the seat belt's going to do. why don't you wear seat belts ...

Screaming in the background. the good news is, everyone there at the daycare center got out alive. in fact, the shopping center behind me, 14 people were trapped under this rubble and they, too, all got out alive. >> the way you put that, the detailed fact that there is a student graduating today who buried mom yesterday. that is also just heartbreaking. >> yes. >> i tell you, charles hadlock, thank you very much for putting it all in perspective. a celebrity concert will be held on wednesday night featuring blake shelton. it will begin at 9:00 eastern time. here's an update on a developin...

Actually believed it would be able to pay for itself out of rail fares. they were cheaper than airline fares they would get a lot of customers. but since then airline fares have dropped and rail fares have gone up and costs have gone up faster so the subsidies are huge. >> john: costs would go down and costs often do and government thought it manages better. they didn't regulate freight rail. there we have this chart. the prices did go down. we measure this from the beginning of amtrak, amtrak prices went up, freight went down. >> if you look at the chart. they stayed about the same until abou...

And they are hemorrhaging money. when amtrak took over, congress actually believed it would be able to pay for itself out of rail fares. they were cheaper than airline fares they would get a lot of customers. but since then airline fares have dropped and rail fares have gone up and costs have gone up faster so the subsidies are huge. >> john: costs would go down and costs often do and government thought it manages better. they didn't regulate freight rail. there we have this chart. the prices did go down. we measure this from the beginning of amtrak, amtrak prices went up, freight went down. >...