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Andy Byford - 1 Seth Moulton - 1 Brianne Glover - 1 Jody Berry - 1 Berry - 1 Biden - 1 Troy Nehls - 1
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Search resuls for: "Speed Rail Authority"


3 mentions found


☆ Why Amtrak is attempting to revive the Texas Central bullet train
  + stars: | 2024-03-11 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com   time to read: +5 min
In 2023, Amtrak revived hopes for the bullet train in the Texas Triangle, when it announced its intention to broaden its partnership with Texas Central. The Texas Central project has been repeatedly delayed as its backers navigate various regulatory hurdles, including environmental reviews and disputes over property rights. The proposed alignment for the Texas high-speed rail project crosses Morney-Berry Farm, which Berry's family has cultivated for generations. And in late 2023, Texas Central received a Corridor ID program grant to study the route's potential for partnership with Amtrak. The backers of Texas Central declined repeated requests from CNBC for a comment on the project's progress and expected completion date.
Persons: Andy Byford, Seth Moulton, Brianne Glover, Jody Berry, Berry, Biden, Troy Nehls Organizations: U.S, Texas Central, Amtrak, Fort Worth metroplex, Texas, Dallas, CNBC, University's Transportation Institute, Texas Supreme Court, Reason, U.S ., Japan Bank, International Cooperation, Speed Rail Authority Locations: Texas, Dallas, Houston, U.S, It's, Berry, Japan, California, Los Angeles, San Francisco
☆ California's high-speed rail is running out of money, but progress has been made
  + stars: | 2023-05-17 | by ( Jeniece Pettitt | ) www.cnbc.com   time to read: +2 min
The latest estimates from the California High-Speed Rail Authority suggest it will cost between $88 billion and $128 billion to complete the entire system from LA to San Francisco. The project has spent $9.8 billion so far, according to Brian Kelly, CEO of the California High-Speed Rail Authority. "One of the biggest hurdles clearly is funding," said Toks Omishakin, secretary of the California State Transportation Agency. The 2021 bipartisan infrastructure bill did allocate $66 billion for rail, but much of that will go to Amtrak and money was not specifically set aside for California's high-speed rail. And then this is the ultimate high-speed rail."
☆ A company hoping to help California with its high-speed rail built one in North Africa instead, saying the region was ‘less politically dysfunctional’
  + stars: | 2022-10-10 | by ( Hannah Getahun | ) www.businessinsider.com   time to read: +3 min
A French state-owned railroad operator wanted to help California with its high-speed rail project. "SNCF was very angry," Dan McNamara, a project manager for SNCF, told the Times. Within 7 years, they built a functioning high-speed rail system in Morocco, the New York Times reported. They told the state they were leaving for North Africa, which was less politically dysfunctional." The California High-Speed Rail Authority continues to build: The first section of the rail is under construction in Central California.
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