Virgin Trains USA announced Jan. 30 that it is launching an Initial Public Offering (IPO) of 28,334,000 shares of common stock. The NASDAQ Global Select Market listing is expected to raise $17
Brightline, Florida’s intercity higher-speed rail system, received approval from the state Nov. 28 to negotiate for land to add high-speed passenger rail service from Orlando to Tampa.
Only one company submitted a proposal to develop a passenger rail line connecting Tampa and Orlando – but that company is well-known in Florida transportation circles.
Palm Beach County Commissioner Steven L. Abrams was selected Executive Director of the South Florida Regional Transportation Authority (SFRTA).
With its funding plans clearer, South Florida passenger start-up Brightline is looking west for its next venture into private high speed rail.
Bob O’Malley, formerly of CSX Transportation, has joined Brightline as vice president of government affairs in a newly-created role.
The Florida Department of Transportation (FDOT) began the process to allow a high-speed rail connection between Orlando and Tampa through private investment.
A new executive team has climbed aboard South Florida’s higher-speed passenger train operator, as it continues to seek investors amid political opposition to its Phase 2 plan. In a release, Brightline named