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Passenger rail project between Southern California and Las Vegas has a new backer

(Source: Los Angeles Times, September 18, 2018)

LOS ANGELES — A longstanding plan to build a passenger rail system between Southern California and Las Vegas has a new financial backer, a company operating a privately funded rail project in Florida. Miami-based Brightline, whose rail service will connect Miami to Orlando by 2022, said Tuesday it had acquired XpressWest, the high-speed rail project that failed to get off the ground over the last decade. The terms of the deal were not disclosed.

Full story: Los Angeles Times

Wednesday, September 19, 2018

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