While they can use the tracks for local signals and controls, you can't use the tracks to send electric signals over long distances. It doesn't matter how large a conductor is, electricity takes around a 1,000 volts per mile to push that signal. The size of the conductor, in this case the track itself, allows more current flow. To have a train dispatcher be hi ndreds, if not up to a thousand miles away, you're going to need transformers along the way to step up the voltage of the signals. Since tracks are located at grade exposed to humans and other animal life, the voltages can't be too high on the tracks.
Shunting zones are usually isolated sections of tracks on opposite tracks, a train's wheels and axles providing the shunting path for the local signals, like a light switch at you home between two contacts. These sections of tracks for the shunts are isolated by insulators from the rest of the tracks. That's why crossing signals aren't actuated miles away from the crossing.
Additionally, mixing power and control signals on the same conductor (in this case tracks) isn't a great idea because noise and interference over long distances. There's a reason cat 5 wires for your Ethernet cables are shielded, even for distances as short as 6 feet.. Steel tracks rust away, and in different environments electrical catholic protection is needed. So there are already some low voltage, low current power electric currents in the ground near tracks anyways.
There's a reason why telephone companies are switching from microwave towers to glass fibers for communications recently. It's actually cheaper and easier to do so. In the not too distant past, railroads ran the signaling on many separated circuits and wires on telegraph (telephone) wires on poles above the ground, do you really believe they could have used the tracks themselves instead of using copper wires hung from wooden poles? They didn't, and you can't do so today. Other means of communications have replaced those wires on poles spaced 200-300 feet apart, but they haven't been using the tracks!