The Brightline train is a $5 billion bet by owner Fortress Investment Group that eventually 8 million people annually will take the 3.5-hour, 235-mile trip between Miami and Orlando — about 30 minutes less than the average drive.
Brightline, which began running its neon-yellow trains the 70 miles between Miami and West Palm Beach in 2018, is the first private intercity passenger service to begin U.S. operations in a century.
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First private US passenger rail line in 100 years is about to link Miami and Orlando at high speedMIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday when Florida's Brightline begins running trains between Miami and Orlando, reaching speeds of 125 mph (200 kph). It's a $5 billion bet Brightline's owner, Fortress Investment Group, is making, believing that eventually 8 million people annually will take the 3.5-hour, 235-mile (378-kilometer) trip between the state's biggest tourist hubs. The company i
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Brightline high-speed train service debuts in FloridaFlorida's new high-speed train service, Brightline Rail, has officially launched. The privately owned passenger train represents a $6 billion private investment—a first of its kind in the last century. The route covers the 235-mile journey from Miami to Orlando, reaching speeds of up to 125 mph. Amtrak currently operates the only other high-speed line in the U.S., located in the D.C. area. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »