Search results
Results from the WOW.Com Content Network
Brightline (reporting mark BLFX) is an intercity rail route in the United States that runs between Miami and Orlando, Florida. Part of the route runs on track owned and shared by the Florida East Coast Railway. Brightline is the only privately owned and operated intercity passenger railroad in the United States.
Brightline, a private company, began South Florida service in 2018 with stations in downtown Miami, Fort Lauderdale and West Palm Beach. Stations in Aventura and Boca Raton opened in December 2022.
In some countries, the railway operating bodies are not companies, but are government departments or authorities. Particularly in many European countries beginning in the late-1980s, with privatizations and the separation of the track ownership and management from running the trains, there are now many track-only companies and train-only companies.
The passenger cars, named the Venture, were derived from the Siemens Viaggio Comfort cars used in Europe, with adaptations for North American operations. They were built at the Siemens factory in Florin, California, starting in July 2015. The first trainset was completed in December 2016. [6] Public operations began on January 13, 2018. [7] [8]
Brightline's parent company, Fortress Investment Group, is $4.9 billion in debt, which it has been refinancing to lower borrowing costs. ... Brightline: Projects fewer passengers in 2024 based on 2023
Brightline broke records as the fastest train in Florida and Southeast U.S. after test runs reached 130 mph between Cocoa and Orlando, the company announced in March.
The station would be located just south of the Cocoa Curve, where Brightline's Orlando Line along State Road 528 merges with the Florida East Coast Railway main line. The station will be located on property already owned by Brightline, on the south side of the interchange between U.S. Route 1 and State Road 528. A timeline for construction or ...
Brightline received three low credit ratings this month as it shopped for a $2 billion loan to refinance its $4.94 billion debt and to fund reserves, expansion and financing costs.