A Private Proposal To Solve Chicago’s Freight Rail Bottleneck

[Originally published by Forbes]

 

As the Midwest’s most important economic hub, Chicago is naturally the focal point for much rail traffic. Both Amtrak and Metra, a regional rail transit authority, run through the city, as do six of the nation’s seven largest freight railroads. These trains carry goods between America’s East and West coasts, and between Canada and the U.S. South, with Chicago handling roughly 25% of nationwide rail traffic. This has created massive bottlenecks, with trains sometimes taking days to get through the city. Every level of government—federal, state, regional and local—has tried addressing the problem. More recently, a private entrepreneur has entered the fray…[read the rest at Forbes]