California bullet train will have to spend $3.5 million a day to hit deadline

Skift Take

The state of California needs to cut through red tape, buy lad, and lay tracks at a break-neck speed in order to get federal funds. If they can pull it off, high-speed rail in the U.S. will never be the same.

If California starts building a 130-mile segment of high-speed rail late this year as planned, it will enter into a risky race against a deadline set up under federal law.

Up Next

Announcements

Watch Live: Skift Global Forum Opening Night

Join at 5pm EST on September 21 to watch our free livestream of interviews with Airbnb CEO Brian Chesky and geopolitical author and strategist Parag Khanna.

Jason Clampet | 2 mins ago

Airlines

FAA Gives Airlines a Week to Come Up With Steps to Address Unruly Passengers

As the unruly passenger crisis continues rolling out of control, a united front may be the only way to avert a tragedy. Will airlines answer the call?

David Shepardson, Reuters | 32 mins ago

Travel Agents

Onefinestay’s Founder Sees a Rejuvenated Future for Travel Agents With New Startup

It's too soon to tell whether the pandemic will drive people back into the arms of human beings to book their holidays, but Evan Frank thinks he's got the right ingredients to reboot the classic travel agent model.

Matthew Parsons | 3 hours ago