jis
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My lips are sealed
Whether it has anything to do with it or not is a different question than what impact it will have. FIG was, as far as I can tell, comparatively strapped for cash and so their ability to self-finance was limited. As a note, per their last filing period Softbank had about $22bn in cash and equivalents in the bank while FIG never had more than about $400m.This is early days and we don't yet know why Softbank bought Fortress Group and what they want to do with it.
Quite possibly this has nothing whatsoever to do with Brightline and it may not have any effect whatsoever.
Looks like it won't depart until Monday now.According to reliable source posting on trainroders, the second Brightline train set will leave Sacramento tomorrow (Thursday 3/2/17) and head by the way of Los Angeles, New Orleans, and Jacksonville to the Brightline West Palm beach facility. Most of the move will be on UP until it is handed over to FEC at Jacksonville, with power change happening most likely at Bowden Yard.
Beautiful! And among all this glamour, I'd like to give a thank you to the UP workhorses bringing Brightline across the country They may not be glamorous, but they are doing a lot of work!.Bright Pink, the second consist, is on its way to Florida...
https://www.facebook.com/photo.php?fbid=1766080723710350&set=pcb.1345408942186816&type=3&theater
Not really, other than following reports from on line railfans reporting passing times at various places. The last time there was a report out of JAX when it arrived there.Forgive me for barging in like this, I've never posted here before (I tend to keep my mouth shut and my eyes/ears open)...
Is there any way to tell when this consist will be brought south from Jacksonville? I'm in Melbourne and would love to watch it pass through.
Thanks.
Great news for us here in Tampa! I feel vindicated in a sense as I was about the only one who kept saying Tampa would (or should) be next after Orlando. Everyone else thought that Jacksonville was next due to the FECR railway ROW and agreement with AAF. But AAF/FECI is a business out to make money. Tampa offers many more potential passengers to other cities along the AAF system compared with Jacksonville. I must keep referring back to the 2006 Florida State Transportation Planning Report (updated in 2010) that detailed their analysis of travel patterns and included the rail template that AAF is following regarding routes, number of tracks, and even level of service!I think the biggest takeaway from this is that operations are getting close to reality. Mr. Reininger will now focus on Phases 2 and 3 (which appears to be confirmed as Tampa not Jacksonville).
Obviously All Aboard Florida opposes this bill, but they do go a bit over the top in their arguments:Article on Debbie Mayfield's NIMBY Bill in the Florida Senate....
http://www.sun-sentinel.com/opinion/commentary/fl-mroped-rail-safety-bill-florida-20170319-story.html
The collateral damage of this bill for Florida will be no future for passenger rail within the state.
I know the intent is to obstruct Brightline (not really necessary if it fails on its own...), and I'm not saying the new rules are necessary or appropriate, but what specifically about these regulations does AAF find so onerous?SB 386 is about killing AAF, and passenger rail in Florida dies alongside.
Here's the original Reuters article quoted above.Ferromex is negotiating with the Fortress Investment Group to acquire the FEC Railroad. AS we have discussed here before Fortress has put FECR on the market several months back.
http://trn.trains.com/news/news-wire/2017/03/27-ferromex-negotiating-deal-to-acquire-florida-east-coast-railway
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