trains
| 9:01AM 12/03/2010
CSR Corp., China's largest train maker, may bid to build high-speed train lines in Florida and California as part of a joint venture with General Electric Co (GE).
The companies may also place bids for east coast rail projects, CSR Chairman Zhao Xiaogang said today, according to Bloomberg News....
| 3:15PM 11/18/2010
The growing controversy over invasive air-security measures like full-body scanning and pat downs, along with a shaky economy, could combine for more woes for both passengers and airlines, just in time for economically vital Thanksgiving holiday. Will fewer folks fly?
| 3:29PM 9/29/2010
The third largest U.S. railroad operator CSX announced Wednesday it would boost its quarterly dividend by 8%, from 24 cents to 26 cents, returning more of its earnings to shareholders.
| 2:45PM 1/15/2010
Business travelers enjoy wi-fi access on some airlines, but not all. Amtrak sees an opening here: It's announced plans to offer wi-fi access on Acela trains between Boston, New York, and Washington, starting in March.
| 3:00PM 10/29/2009
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...
| 4:00PM 4/18/2009
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...
| 10:00AM 3/18/2009
People love trains; they are fast and avoid all the hassles of traffic. But they aren't used in the U.S. like they are in Japan and much of Europe. Why? They are too slow.
Obama and a number of governors want to change that, with an $8 billion investment in high-speed rail using trains that go...
| 4:30PM 3/11/2009
For the first time in many months, I finally have cause to feel good about two very important things. Those two things are employment and construction. The Obama administration's stimulus package is already beginning to create meaningful chatter in government chambers across the nation. State and...
| 12:00PM 2/21/2009
In a town hall meeting last week, a member of the audience asked President Obama what could be done to improve America's infrastructure. Touching on numerous issues, the President repeatedly returned to the theme of high speed rail (HSR), noting that an HSR system could solve many of the country's...
| 10:02AM 10/30/2008
Out of the blue, Amtrak has decided to allow Americans in on the big rail pass scheme that's usually offered only to international visitors. We don't know why (we don't even know when Amtrak will arrive at the station, so how could we know about its business practices?), but the loosening of the...