The contacts on the switch may be dirty but the most likely problem is that both selenium rectifiers are dead. Replacement silicon rectifiers are available if you want to do the repair yourself. Check the internet for suppliers. You can get the ZW repaired at most good Lionel service centers for a reasonable price. Get a list of service centers by searching on-line or at Lionel.com.
SOURCE: my lionel train won't run at all. What do I do?
Did you ever solve your problem? My son is having the same problem.
SOURCE: I have a Lionel ZW transformer older version
Just wanted to add a note to this problem you are having....Question is this...How big is the train layout and how many power clips do you have on the track??
Reason is being if you only have one power clip for the whole track, you will notice a decrease (slowdown) of the train in certain area(s) so i would recommend adding another power clip or two to your layout, also If you are using old regular O track, make sure you have the metal pins in all 3 railsHope this helps
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