
The initial phase of the XpressWest project, which will link Las Vegas to Victorville, Calif., will cost $8 billion.
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Approved to acquire a passenger railroad franchise previously held by the Washington, Baltimore and Annapolis Electric Railroad Co., which was abandoned in 1935.
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All Aboard Florida, developer of the only privately-owned and operated passenger rail service in the U.S., introduced Brightline, the express train travel service that will connect the major cities of south and central Florida along a 235-mile route.
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Specifically, the company questioned whether the project’s current funding stream — the state cap-and-trade program — is sustainable.
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The agreement with Dallas to Houston Constructors, a joint venture between Archer Western Construction and Ferrovial Agroman US Corp., will provide work valued by Texas Central at $130 million.
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The joint venture says construction could begin in September 2016 once it has acquired all the necessary approvals.
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The likelihood of respondents using high-speed rail for their work and leisure travel increases as they were informed that it will be less expensive than flying and that it will take less time than driving to their destination.
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The 162-mile route between the two cities in North Carolina and Virginia would utilize existing and former rail lines for approximately 60% of the route and is planned to be free from at-grade crossings of track and roads.
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The project, awarded by Spain's Administrator of Railway Infrastructure has a total value of approximately $185 million.
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The contract for 15 eight-car CRH380D trainsets is valued at approximately 2.4 billion Chinese RMBs ($381 million U.S., 339 million euro).
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