It is served by Amtrak, the national railroad passenger system, which operates the Texas Eagle through Marshall each day, with service north to Chicago and west-southwest to Dallas, San Antonio and Los Angeles.

The station, also known as the T&P Depot, is the only surviving structure of the Texas and Pacific Railway shops complex which originally consisted of fifty-seven buildings spanning 66 acres (270,000 m2).

In 2008 T&P Railway #400, a 2-8-2 "Mikado" type steam locomotive (originally built in 1915 for the Fort Worth & Denver City Railway and later acquired by the T&P), was moved to the depot museum grounds from where it had been previously kept for years before in City Park,[4] and restoration work on the engine was completed a couple of years later.

The restoration work included rust removal and a new coat of paint, as well as stair access to the cab of the engine for visitors.

On October 20, 2012, the station marked its centennial anniversary with a major community celebration, including free tours of the depot and museum, live music from a Dixieland jazz band, and a traditional lunch picnic on the depot's east lawn.