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Rail News: High-Speed Rail
5/14/2012
Rail News: High-Speed Rail
Japan-U.S. partnership seeks to launch 220 mph rail service serving Dallas, Houston
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The Texas Central Railway, a Japanese-U.S. partnership led by the Central Japan Railway Co., plans to front $10 billion to launch a 220 mph passenger-rail service connecting Dallas and Houston, according to May 9 article posted on the Fort Worth Star-Telegram’s website.
Led by Central Japan Railway Co., the investors say they will not seek any state or federal funds to operate the line, which could be running by 2020. Instead, they plan to recoup costs through fares. The group has started looking at potential routes to connect the two cities, which are about 250 miles apart, according to the group.
Led by Central Japan Railway Co., the investors say they will not seek any state or federal funds to operate the line, which could be running by 2020. Instead, they plan to recoup costs through fares. The group has started looking at potential routes to connect the two cities, which are about 250 miles apart, according to the group.
