The agreement is contingent upon X Train fulfilling a variety of conditions in a specified time frame. X Train plans to operate an expedited luxury train service between the Los Angeles basin and Las Vegas through the use of Union Pacific track. The service is currently scheduled to begin in late 2013.

"We are proud that Union Pacific is working with us on this exciting and historic project," commented Michael Barron, president and CEO of X Train. "This moment will be long remembered as an important milestone in providing a great experience for X Train customers."