Passenger rail in the United States has fallen a long way since it was the dominant mode of long-distance transportation. In a world of competition among cars, planes and trains, the point-to-point functionality of automobiles and the speed of planes means that most trains with existing technologies cannot compete.
Texas Central Partners LLC
Despite producing more than one-third of U.S. crude oil output, urbanization, rapid economic growth and congestion mean Texans could be getting out of their cars and on to high-speed trains much sooner than most other Americans, if Texas Central Railway’s plan to link Dallas and Houston without one penny of public funding is successful.
The board of directors of Texas Central Partners, LLC (Texas Central), the private firm attempting to build a high-speed train connecting North Texas, the Brazos Valley and Houston, has named Carlos F. Aguilar as CEO. Former CEO Tim Keith becomes President.