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High-speed rail remains elusive in the U.S.

(Source: Associated Press, June 30, 2015)

SACRAMENTO, Calif. ó (Editorís note: This story is part of a series that focuses on traffic congestion, mass transit and the consequences of failing to plan for worsening gridlock.)

Travelers easily whiz from city to city on high-speed trains in many parts of South America, Asia and Europe. Since the first high-speed lines began operating more than 50 years ago in Japan, they have become an essential part of transportation worldwide.

Yet the U.S. has never built a single mile of high-speed rail, which is generally defined as accommodating trains that go at least 200 mph. And proposals to do so have been thwarted for decades.

So whatís holding America back?

Full story: www.finance-commerce.com

Wednesday, July 1, 2015

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