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Article: High speed: Bombardier bearish on North America.(high speed rail systems )(Brief Article)
- Article from:
- Railway Age
- Article date:
- July 1, 2005
CopyrightCOPYRIGHT 2005 Simmons-Boardman Publishing Corporation. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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There's a strong market for high speed rail systems worldwide, except for North America, according to Bombardier Transportation, which is not actively pursuing high speed programs in the U.S. or Canada at the present time. "The HSR market in North America is developing more slowly than originally anticipated," Bombardier told Railway Age. "At the moment, there are no near-term HSR project opportunities on the table. As such, we are focusing attention on market sectors where more immediate business opportunities exist, i.e., mass transit. We still believe HSR is an important element of an integrated ...
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