https://www.amtrak.com/privately-owned-rail-cars
There was even some hn post on it where someone detailed how much it costs and what you get
In the US, most tracks prioritize freight traffic over passenger rail. And there is a tremendous amount of freight traffic. There may not often be traffic jams, but when you are diverted to side track to wait and allow a priority freight train through, it's not uncommon to wait a very long time (I've been delayed more than an hour on the 3 hour train ride from Portland to Seattle).
There are also huge bottlenecks in US track infrastructure that absolutely do lead to traffic jams - perhaps most infamously in New York City. Vetoing the addition of 6 additional tracks through NYC is one of the reason Chris Christie was so hated.
In Europe, taking the train is often more expensive than flying.
Sadly it's not fashionable because it isn't cheaper and takes a lot longer.