Funding Could Hamper Future of Passenger Rail

High-speed rail is on life support in Texas. Can a hedge fund save it?

Dallas and Houston are just 250 miles apart, but a train trip between the two cities currently takes more than 23 hours, including a seven-hour stopover in San Antonio’s Amtrak station. The Texas Central high-speed rail project aims to change that. The proposed project would cut the travel time down between the nation’s fourth- and fifth-largest metro areas to 90 minutes, using Japanese technology to propel the trains 200-plus mph. It also would…

Funding could hamper future of passenger rail

State funding cuts could halt train travel in North Texas.