September 4, 2014, 10am PDT
Notwithstanding a favorable court ruling freeing state bond funds, construction is delayed on the 800-mile project, reports Ralph Vartabedian of the LA Times. Jessica Calefati of the Mercury News writes on opponents' appeal to the state Supreme Court
September 3, 2014, 1pm PDT
A $102 million investment by Illinois along with federal funds from the Recovery Act will pay for double-tracking and a new rail bridge to enable 109 mph service on a key section of Amtrak's Chicago to St. Louis high speed rail corridor.
August 20, 2014, 10am PDT
The Houston to Dallas high speed rail train will be built with the cooperation of Japan's Central Railway, a longtime successful and profitable operator of Shinkansen bullet train lines. Securing the private financing is key to the project.
August 17, 2014, 1pm PDT
High-speed rail is not an $11-billion failure, as a recent New York Times article asserts, writes Time's Michael Grunwald. A more appropriate name would be "higher speed" rail as outside of the California project, all are upgrades of Amtrak lines.
August 13, 2014, 11am PDT
Recall that recent 'great news' for the embattled High Speed Rail Authority? The appeals court ruling breathed new life into the $68 billion project as it released the lower court's hold on $9.95 billion in bond funds. Opponents are not deterred.
August 1, 2014, 1pm PDT
Both sides have been awaiting this ruling, which left Gov. Jerry Brown and the High Speed Rail Authority greatly pleased: the appeals court ruling releases $9.9 billion of 2008 voter-approved bond funding, though other court battles loom.
July 24, 2014, 9am PDT
No, the debilitating lawsuits haven't been resolved, so the HSR Authority still can't tap the $10 billion in voter-approved bonds, but the new state budget based on cap-and-trade revenue for HSR is sparking inquiries from private investors.
June 21, 2014, 7am PDT
Jerry Brown signed a $156.3-billion budget on June 20 that marks a new day for greenhouse gas-reducing transportation and sustainable communities projects due to new revenues from the state's cap and trade market now and, particularly, in the future.
April 27, 2014, 9am PDT
One positive thing to be said about a project that's been declared on life support by even many of its supporters since a court ruling denied its chief funding source: the Calif. HSR Authority sure is resilient. New funding sources may keep it alive.
The Wall Street Journal - U.S. News
April 21, 2014, 6am PDT
Seems like it's nothing but bad news for the rail authority since a judge ruled in November that the project was not in compliance with the proposition that the voters approved in 2008. This appeals court ruling means that a trial will move forward.
April 16, 2014, 7am PDT
According to a new EIA report, the cost advantages of liquefied natural gas make it an attractive alternative to diesel fuel for major U.S. freight railroad companies. Hybrid diesel-electric locomotives on order for 5 states will power HSR routes.
March 31, 2014, 8am PDT
In 2008, California voters approved the country's only true HSR project with a travel time of 2 hours, 40 minutes from L.A. to San Francisco. Anything more than that might cause legislators to balk at proposed cap-and-trade funding for the train.
March 4, 2014, 5am PST
A $226 million contract to build 32 higher speed diesel locomotives, capable of reaching 125 mph, was awarded to the team of the German conglomerate, Siemens AG and Indiana-based engine maker Cummins, Inc over Peoria, Ill. based Caterpillar, Inc.
The Wall Street Journal - Business
February 25, 2014, 2pm PST
The break really isn't that large—only an extra three month before the state must start paying for costs on July 1 (as opposed to April 1) to match federal funding, according to a new state funding contribution plan.
August 19, 2013, 8am PDT
Unlike prior litigation based on environmental grounds, this suit, brought by a farmer, homeowner and the Kings County Board of Supervisors, is based on the rail project's business plan violating the bond measure the voters approved to fund it.
April 7, 2013, 1pm PDT
Is California's High-Speed Rail (HSR) a "boondoggle" for the state, as its critics assert, or just a boondoggle for omitted cities? How should such cities deal with omission from HSR? San Diego is a case in point.
January 29, 2013, 10am PST
CA Gov. Jerry Brown stated he had big plans in his State of the State speech on Jan 24. Thanks to temporary tax increases under Prop 30 and spending cuts, the budget is finally balanced. Yet he also called for 'fiscal constraint' - contradictory?
January 26, 2013, 5am PST
Ending speculation as to whether he would stay or announce his resignation as many in Obama's cabinet have done, and who would replace him should he depart, Ray LaHood announced informally he would stay on as Secretary of the Dept. of Transportation.
October 22, 2012, 9am PDT
The speedometer on the Chicago to St. Louis train hit 110 mph - and stayed there for five minutes, but it was enough to elevate the spirits of Transportation Secretary Ray LaHood and the other dignitaries on-board. Normal speeds top out at 79 mph.
September 26, 2012, 10am PDT
Two transportation experts, Ken Orski, editor of Innovation Briefs and Joshua Schank, CEO of the Eno Center take opposing sides on whether it makes sense for the federal government to invest in high speed rail in this Wall Street Journal exclusive.
The Wall Street Journal - Business