acela

Japan Central Railway's $600 billion proposal for upgrading America's rail system is almost as slick as its 200-mph locomotives -- a package deal for the entire operation, providing everything from cars to signals, rails to maintenance.

On Tuesday, Subsidy Scope, a subsidiary of the Pew Charitable Trust, reported that Amtrak, America's passenger rail company, "lost" an average of $32 per passenger. Citing a new metric for train depreciation, the report suggested that the train line has been less than transparent in its estimation...

This week, President Obama unveiled his plan to develop a high-speed passenger rail (HSR) system in the United States. Although HSR has long been a talking point for the President, this is the first instance in which he has offered specifics. The new rail plan is three-fold: initially, it will...