Articles tagged “rail”

Trainline Stock Jumps in IPO Trading Debut for European Rail Booking App

Trainline Stock Jumps in IPO Trading Debut for European Rail Booking App

Swetha Gopinath, Bloomberg

Trainline, the transport-booking app, saw investors giving their seal of approval to the fast-expanding company on its first day of trading. CEO Clare Gilmartin deserves props for having doubled annual ticket sales over three years to $4 billion (£3.2 billion) while also making the company profitable.

2 months ago

California Sues Trump Administration Over Canceled High-Speed Rail Funding

California Sues Trump Administration Over Canceled High-Speed Rail Funding

Kartikay Mehrotra, Bloomberg

Maybe California’s high-speed rail agency should spend less time suing the federal government over lost grants and more time focusing on cost overruns for the state’s beleaguered bullet train. Rail can be a less-carbon-intensive form of travel, but taxpayer money should be spent wisely.

3 months ago

Climate Change Shame Has Swedes Abandoning Planes and Taking Trains

Climate Change Shame Has Swedes Abandoning Planes and Taking Trains

Hanna Hoikkala and Niklas Magnusson, Bloomberg

Is airline passenger behavior in Sweden, where the numbers have been dropping, an outlier, or a sign of things to come? What is certainly true is this is a signal to airlines to get their efforts to reduce their carbon footprints in high gear.

4 months ago

Malaysia Resumes Major Rail Project After Agreeing to Price Cut

Malaysia Resumes Major Rail Project After Agreeing to Price Cut

Eileen Ng, Associated Press

Money talks. After months of uncertainty, it seems like the plan is back on track.

4 months ago

The AOC Effect Comes to Travel, Whether You Like It or Not

The AOC Effect Comes to Travel, Whether You Like It or Not

Dennis Schaal, Skift

U.S. Representative Alexandria Ocasio-Cortez and her Green New Deal have stirred up debate about the path toward a sustainable travel future. She's right on time — and hopefully not too late.

6 months ago

High-Speed Rail Link From Houston to Dallas to Take Private Sector Funding Route

High-Speed Rail Link From Houston to Dallas to Take Private Sector Funding Route

Thomas Black, Bloomberg

While most developed countries enjoy modern, high-speed rail travel, the U.S. is way behind. By the time it catches up, driverless cars with long-life batteries could supersede trains or perhaps climate change may have begun to wreak havoc.

6 months ago

Berlin App Has Grand Ambitions to Handle All Transport Modes

Berlin App Has Grand Ambitions to Handle All Transport Modes

Frank Jordans, Associated Press

The app sounds like a good idea, but it remains to be seen whether all of the incumbent transit systems, with their vested interests, will hop along for the ride.

6 months ago

Transportation Booker GoEuro Changing Name to Omio

Transportation Booker GoEuro Changing Name to Omio

Patrick Whyte, Skift

A new name shows that GoEuro has ambitions outside of Europe. Can it deliver on this promise?

6 months ago

China Offers to Slash Costs of Malaysia’s Rail Project in Half to $10 Billion

China Offers to Slash Costs of Malaysia’s Rail Project in Half to $10 Billion

Joyce Koh, Bloomberg

Reducing costs by 50 percent on rail construction is rare. Either China will subsidize the East Coast Rail Link, which is key to its infrastructure push into Southeast Asia, or there will be cutbacks on the project. What's clear, it's not derailed yet.

7 months ago

Malaysia to Kill $20 Billion Train Project in a Blow to China

Malaysia to Kill $20 Billion Train Project in a Blow to China

Elffie Chew and Natnicha Chuwiruch, Bloomberg

The Malaysian government will likely cancel The East Coast Rail Link — which would connect Malaysia to Thailand — due to a price tag that's been spiraling upward. While new transport infrastructure is usually good, emerging economies must choose projects with care.

7 months ago

Amtrak Enhances DC to New York Service But Troubles Remain

Amtrak Enhances DC to New York Service But Troubles Remain

Elise Young, Bloomberg

Amtrak is spending billions on new stations and faster tracks along the Northeast U.S. corridor, the nation's busiest train route. But the railway operator's work will be useless if any of the tunnels or rail bridges connecting New York with New Jersey and Connecticut falter.

7 months ago

$10 Billion Rail Link Between Italy and France May Not Be Viable

$10 Billion Rail Link Between Italy and France May Not Be Viable

Chiara Albanese, Bloomberg

In any country, it's awfully easy to decide against a new rail project, due to both the financial and environmental tolls.

8 months ago