Driving Business with High Speed Rail

A recent report from the U.S. Conference of Mayors shows that high speed rail can be a driver of business opportunities. <em>National Journal</em> asks its panel of transportation experts if they think those findings are correct.
July 13, 2010, 10am PDT | Nate Berg
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"The report focused on four hub cities: Albany, N.Y.; Chicago; Los Angeles; and Orlando. Despite the differences of these hubs, the report found that high-speed rail networks had similar effects in all of them, including expanding markets; making business travel more efficient; and encouraging mixed-use development."

Many of the experts agree with the report, but caution that building a high speed rail line won't instantly create wealth, nor will such a line be automatically successful.

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Published on Tuesday, July 6, 2010 in National Journal
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