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Another day, another high speed rail success story: The Sapsan high-speed train launched by Russian rail monopoly Russian Railways (RZhD) less than twelve months ago has proved to be the monopoly’s sole profitable enterprise in the passenger transport sector, with its profit margin hitting 30 percent, RZhD President Vladimir Yakunin said on Tuesday…. Russian Railways [...]
I’m in Hawaii this week for a bit of rest and relaxation before the big push through to the November election. There’ll be more guest posts this week, including more from fellow Californians For High Speed Rail members. Meanwhile, you should head over to the European Tribune to read DoDo’s latest post on Taiwan’s HSR [...]
In a major development with plenty of importance for the California High Speed Rail project, Taiwan’s high speed rail project generated an operating profit in 2009. Of course, HSR lines across the world routinely generate operating profits, so Taiwan isn’t breaking any new ground here. So why is this a “major development”? Taiwan’s HSR system [...]
The California High Speed Rail Authority will discuss a draft response to the flawed State Auditor’s report at their board meeting this Thursday. One element of their response deals with the Auditor’s nonsense claim that the CHSRA’s funding plan is too risky. Mike Rosenberg wrote a very good article on that aspect late on Friday [...]
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