Ed Budd's train rejuvenated the passenger rail industry in the 1930s, but for the duration of World War II, the Budd Company dedicated itself not to railcar manufacture but to the war effort.

Budd Slumbercoaches were born of a desire to ... By the late 1950s intercity rail passenger service had entered a severe decline. This, of course, also impacted the builders of railroad cars ...

Ralph Budd, president of the Chicago ... By the 1950s, the passenger rail business was suffering an irreversible decline. From 1946 to 1965, passenger volume plummeted from 790 million to 298 ...