Rail

Group developing NEC Maglev approved to acquire railroad franchise

Posted on November 18, 2015

Rendering courtesy The Northeast Maglev
Rendering courtesy The Northeast Maglev

The developer of a Superconducting Maglev system (SCMAGLEV) that would connect Washington and Baltimore in 15 minutes was approved to acquire a passenger railroad franchise previously held by the Washington, Baltimore and Annapolis Electric Railroad Co. The railroad franchise was abandoned in 1935, with approval of the Maryland Public Service Commission. 

The developer, Baltimore Washington Rapid Rail (BWRR) is working with The Northeast Maglev (TNEM), a U.S. company that is working with the Central Japan Railway Co. to promote the SCMAGLEV system in the Northeast Corridor.

"We are pleased that the Commission recognized the tremendous benefits of the SCMAGLEV system for greater Baltimore and Maryland. The transfer of this railroad franchise is an exciting first step in making this transformational project a reality," said Wayne Rogers, Chairman of BWRR and chairman/CEO of TNEM. "We look forward to working with Federal, state and local government officials and other stakeholders to move this project forward."

SCMAGLEV is the world's fastest and safest transportation solution, available today, and is truly the future of high-speed transportation, according to the group. SCMAGLEV will provide frequent, reliable service that will fundamentally improve our region — creating jobs, enhancing access, and reducing road congestion and emissions. The service will also enable unprecedented connections between city centers and major airports and connect Baltimore and Washington in 15 minutes.

In September, BWRR and TNEM opened a new headquarters located in the heart of Baltimore's central business district, investing in a closed building and renovating a historic site, which illustrates the economic development benefits that the project will bring. In the coming months, BWRR and TNEM will focus on conducting an Environmental Impact Statement process, which will help determine routes, Federal Railroad Administration safety reviews and Surface Transportation Board construction reviews.

View comments or post a comment on this story. (0 Comments)

More News

Amtrak CEO calls for new era of infrastructure investment

Moorman outlined projects that warrant significant investment including construction of the Portal North Bridge and new Hudson Tunnels in New Jersey.

Bill introduced requiring greater transparency about train safety audits

The measure was unveiled by two House Representatives from New Jersey, where it was found after a deadly crash in September that NJ Transit was the subject of a deep federal audit.

City to sue Sound Transit, WSDOT over light rail expansion plans

Mercer Island residents — even when driving solo — have had access to I-90's high-occupancy vehicle lanes, however later this year when construction gets underway to add light rail across the I-90 express lanes, that access will go away.

Wash. state Governor budgets $1M to study high-speed rail

The study would come at a time when transit agencies and departments of transportation around the U.S. are watching President Donald Trump for signs of what they can expect in terms of federal funding in the next four years.

UW-Madison team wins Innovation Award in Hyperloop competition

The team competed against 30 teams from colleges and universities from around the world in the second phase of SpaceX’s Hyperloop pod competition.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close