The ultra-fast train would cut travel times between L.A. and Las Vegas in half, but a failed bond sale in the midst of a skeptical financial market has put the project on indefinite hold.
Railroad agency signoffs provide some momentum for private developer, which earlier this year paused plans for $20B effort due to coronavirus pandemic’s impact on global financial markets.
Private developer Texas Central announced last month the newest member of its team that will build the high-speed train connecting Houston and North Texas.
