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The lawsuit had tied up access to financing and officials said nearly 500 appraisals for land along the route became outdated during that time.
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The first completed trainset is expected to be delivered to Brightline later this year. Brightline is scheduled to begin service between Miami, Fort Lauderdale and West Palm Beach beginning in mid-2017.
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The announcement is a blow to China, which has built the world's largest high-speed rail network in less than a decade.
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The $8 billion, 185-mile, dual-track system with no grade crossings between Las Vegas and Victorville, would run roughly along the Interstate 15 right-of-way.
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The pod utilizes a passive magnetic levitation system that incorporates two arrays of 20 neodymium magnets, according to MIT Hyperloop's website.
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Additionally, Hyperloop One announced that the company is participating in privately funded feasibility studies to examine the economic and social benefits of Hyperloop routes in Finland and Sweden.
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Ask commuters who drive between Houston and Dallas almost every day and see what they have to say. They are known as “super commuters” – the nearly 50, 000 people traveling back and forth between the two cities at least once a week. That number will increase as the growth in Texas continues to climb. Super commuters and other drivers want another solution to Texas’ traffic-clogged highways. Enter the Texas Central high-speed rail project...
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Rail officials redrew its proposed routes for the Burbank-to-Palmdale section of the planned California bullet train, veering away from the communities of San Fernando and Sylmar.
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London is in the midst of a boom not seen since Victorian times. Both population and employment are rising fast. Former industrial areas are being reclaimed, while the urban area is constrained by an historic “green belt” put in place since the late 1940’s.
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This new train, an evolution of the former Pendolino high speed train, can reach a maximum speed of 155 mph. Measuring 614 feet long, the train will be composed of 7 cars accommodating around 480 passengers.
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