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The authority will submit the final plan for approval to the California State Legislature on or before April The plan also includes a deadline for testing electrified high-speed trains by and placing those trains in service by the end of the decade. Railprime is the newest source of information for the freight-rail industry. This subscription focuses on what's changing and what isn't in the freight-rail realm, featuring quick hits, in-depth insights, spotlight features, and more. Rail Topics. business plan speed datingThe Amazon effect is still in effect
The authority's board of directors reiterated that commitment in its latest two-year business plan, which it adopted Thursday. The business plan, an exercise the authority undertakes every two years, had been delayed from its original release last year because of the Covid pandemic. The high-speed rail project bussiness the backing of many local elected officials, all of the area transit agencies and several business groups.
The mayors of San Jose, San Francisco, Merced and Fresno sent a letter earlier this month to the authority reaffirming their support. The Biden administration also has signaled its support for California's high-speed rail plans, which the Trump administration had criticized as being too costly.
California Gov. State lawmakers have questioned the long-term expenditures needed to complete the project.
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New director of California Transit Association faces uphill battle. Federal stimulus dollars could advance these Bay Area projects. High-speed rail deal with legislature means new business plan.]
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