The phrase "action is running" is correct and usable in written English.
It can be used in contexts where you are describing a situation where an action or process is currently taking place.
Example: "The action is running smoothly, and we expect to see results by the end of the week."
Alternatives: "the process is ongoing" or "the activity is in progress."
authorities, but time for action is running short".
This court action is running parallel to but separately from proceedings to remove activists from the churchyard outside the cathedral.
Time and opportunity for such legacy-making action is running out in his presidency, even as more baby boomers retire and begin drawing benefits.
The time for action is running out.
We are also constantly told that the time to take action is running out.
The Senate Conservatives Fund, a political action committee, is running ads against Mr. Flake and other Republicans who refuse to hold the government hostage to repealing the health care law.
It is not too late to prevent violence, but it will take American-led action and time is running out.
The Bush administration's push for strong action against Iraq is running up against Arab perceptions that the United States has not done enough to restrain Israel.
Action Against Hunger is running a dine-out campaign next week and a benefit dinner on Tuesday at Tavern on the Green: (212) 967-7800.
He recently donated $150,000 of his own money to a political action committee that is running radio advertisements featuring the actor Michael J. Fox, who has Parkinson's disease and has been an advocate of the research.
Speaking with reporters at the start of their talks, Mr. Blair became the first European leader to side so completely with Mr. Bush, a position that carries considerable political risk in Britain, where skepticism about military action in Iraq is running high.
