Federal funding for high-speed rail is dead, at least for the duration of the Trump administration. But at least three private high-speed rail lines are under consideration, and backers say they will not seek any federal funds (other than, possibly, loans) to complete those projects. How likely are these projects to succeed?
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Texas Central
The Texas Central proposes to build a new high-speed rail line between Dallas and Houston, the nation’s sixth- and seventh-largest urban areas and two of the fastest-growing regions in the country. The company says it plans to use Japanese Shinkansen trains to travel the 240 miles between the cities at top speeds of more than 200 miles per hour, resulting in an end-to-end journey of ninety minutes. Continue reading
