▲ | barnas2 6 days ago | ||||||||||||||||||||||
Strangely enough, Florida, of all places seems to be having really good success with their Brightline rail network. The initial system runs from Miami to Orlando, with a few stops in between. They're planning on expanding up north and east into the panhandle. Financially things are a bit dicey, but it got built, and it's reliable. Ridership is increasing, which takes cars of the road, and property values in the areas it stops are going up. Meanwhile California doesn't even have their tiny "initial operating segment" built, and is projecting to be up to 3-4x their original budget of 33 billion dollars. | |||||||||||||||||||||||
▲ | austinpow 5 days ago | parent | next [-] | ||||||||||||||||||||||
This is an important example; Brightline feels qualitatively different from Amtrak and they get points for actually delivering new passenger rail service. They have a newer, cleaner, faster product. I rode once from Orlando to Boca and sat next to some British rail fans who went out of their way to try "the new train" on their way to a cruise out of Ft. Lauderdale. Unfortunately despite significant capital investment to run double track on the FEC corridor from West Palm to Miami (their initial route before expanding north), they and the FEC have been unable/unwilling to do much about the fundamental flaw of rail in densely populated South Florida: at-grade crossings, many in no-horn zones because nearby residents have lobbied for that. This has been a problem for decades even when the line was freight-only. All too predictably, a recent investigation [1] found Brightline is the deadliest passenger railroad in the US. Good data visualization and sobering reporting in that article. The railroad wants to socialize the costs of upgrading the crossings but of course privatize the profits. That said, I feel communities that want the density/development benefits of "transit" should be prepared for the costs of achieving that safely. [1]: https://www.miamiherald.com/news/local/article308679915.html | |||||||||||||||||||||||
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▲ | stockresearcher 5 days ago | parent | prev | next [-] | ||||||||||||||||||||||
> Financially things are a bit dicey Brightline missed ("deferred") a bond payment last month: > Brightline, the private rail line linking Orlando to Miami, refinanced $985M of junior debt at a record-high 14.89% yield, reflecting deep investor concern after delaying a July interest payment on $1.2B in munis. The company, already downgraded deeper into junk by S&P and Fitch, faces falling ridership (53% below projections) and revenue (67% below estimates), plus a potential cash shortfall this quarter without an equity infusion. https://florida.municipalbonds.com/news/2025/08/15/brightlin... | |||||||||||||||||||||||
▲ | 6 days ago | parent | prev | next [-] | ||||||||||||||||||||||
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▲ | bilbo0s 6 days ago | parent | prev [-] | ||||||||||||||||||||||
The only halfway competent rail in the US is that northeast corridor in New England. Everything else is crap. And even that northeast corridor is only halfway competent. That people are raving about any of the rail in the US only betrays a lack of use of many foreign rail services. Particularly those in Asia. It’s sad, because I believe we have the ability to outdo everyone, but we can’t get it done. | |||||||||||||||||||||||
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