The Next Big Thing
Jeffrey Spivak
Abstract
Jeffrey Spivak
Abstract
High-speed rail service is gaining attention in the United States. This article examines this sudden burst of popularity. The American Recovery and Reinvestment Act included $8 billion in stimulus funding for high-speed rail projects. Ten federally designated high-speed corridors have been approved, although most are still in the early planning stage. However, state wish lists for federal high-speed grants total over $100 billion. With the limited funds earmarked so far (although more is expected in the next transportation reauthorization bill), the first high-speed rail trains will not be put into service until 2012. Although the proposed speeds of 110-120 mph on most corridors will be significantly higher than current Amtrak service, these speeds are well below those in Europe and Asia where high-speed trains can travel as fast as 220 mph. The interest in high speed rail can be attributed to the realization that airports and highways are nearing capacity and the need for more energy-efficient forms of transportation. It is also hoped that high-speed rail will stimulate downtown development and foster the growth of new business. Several obstacles, including upgrading existing tracks and property acquisition, remain before high-speed rail can become a reality.
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High-speed rail service is gaining attention in the United States. This article examines this sudden burst of popularity. The American Recovery and Reinvestment Act included $8 billion in stimulus funding for high-speed rail projects. Ten federally designated high-speed corridors have been approved, although most are still in the early planning stage. However, state wish lists for federal high-speed grants total over $100 billion. With the limited funds earmarked so far (although more is expected in the next transportation reauthorization bill), the first high-speed rail trains will not be put into service until 2012. Although the proposed speeds of 110-120 mph on most corridors will be significantly higher than current Amtrak service, these speeds are well below those in Europe and Asia where high-speed trains can travel as fast as 220 mph. The interest in high speed rail can be attributed to the realization that airports and highways are nearing capacity and the need for more energy-efficient forms of transportation. It is also hoped that high-speed rail will stimulate downtown development and foster the growth of new business. Several obstacles, including upgrading existing tracks and property acquisition, remain before high-speed rail can become a reality.
Key concepts: Train, Downtown, Transport engineering, Popularity, Business, Service (business), Finance, Engineering