Over the last few years, the lead in the race to build North America's first high speed rail system has passed from one contender to another, each one surrendering the prospect of being the first as the political, regulatory, financial, or economic winds shifted. The closest anyone has gotten to bringing a high-speed system into being is the recent development in Texas: on May 28, the Texas High Speed Rail Authority awarded a 50-year franchise to Texas TGV, a consortium led by the giant Idaho-based construction firm, Morrison Knudsen Corp., with partners GEC Alstholm of France and Bombardier Corp. of Montreal, GEC's North American marketing arm. The article discusses the reasons for the Texas action, and looks at ways others can learn from its experince.

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  • Corporate Authors:

    PTN Publishing Company

    210 Crossways Park Drive
    Woodbury, NY  United States  11797
  • Authors:
    • Cupper, D
  • Publication Date: 1991-8

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Filing Info

  • Accession Number: 00615894
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 30 1991 12:00AM