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I think he was referring to phase 2 of the project re: private capital:
And for phase 1 of HFR, we will hopefully hear something in the next few months.
I keep forgetting. What's the time frame on the fleet procurement and HFR?
Case study:
I had heard that upon taking the Stratford line back from GEXR, CN and ML had imposed new slow orders this week. I kept my eye on VIA's moving maps this evening, watching trains 87/88 . It was an interesting, if horrifying, way to spend a Friday evening.
This evening, VIA 88 was held at London due to a late running connection from Windsor-Toronto train 78. It departed London 20 minutes late, at 20:11.
No 87, which had run on time to Kitchener, lost 40 minutes off the schedule between Kitchener and Stratford. It departed Stratford at 20:33.
There is only one place where trains can meet between Stratford and London, ie Kellys siding. With no alternative meeting points, 88 had to wait in the siding at Kellys for 23 minutes for 87. No 88 reached Stratford at 21:47 - 44 minutes late.
I observed by watching VIA's moving maps that the maximum speed for both 87 and 88 between Stratford and London was 66 km/hr. More typically, they ran at 58-64 km/hr. In spite of this, No 87 made up time by London, arriving at 21:37... only 28 minutes late.
No 87's travel time for the 32.8 miles between Stratford and London was 1:04, or 49.2 km/hr. No 88 took 1:38 to cover that distance, an overall velocity of 31.7 km/hr.
East of Stratford, speeds improve for a stretch, but there is now a 10-15 mph slow order between the Highway 8 bridge and Baden. East of Baden, the limit goes up....to 50 km/hr. East of CR 12, it's 60 km/hr for a bit and then 40-50 km/hr the rest of the way to Kitchener. Upon reaching the "dividing line" between CN and GO operations, a bit west of the Kitchener depot, 88 also was stopped for six minutes waiting for permission to proceed. 88 took 78 minutes to cover 25.9 miles from Stratford to Kitchener - an average velocity of 31.9 km/hr.
Those are speeds that cyclists can manage!
It's no secret that GEXR left the line in terrible shape. There were CN workers visible all along the line this week, so improvements will hopefully ensue. Never mind that this line doesn't even have proper passing sidings at reasonable intervals. My point is, when a line can deteriorate to this extent, and VIA can't do anything to prevent that from happening, or secure regulatory intervention, we are really living by third world standards.
- Paul
View attachment 164026View attachment 164025
I've been on trains that have been going upwards of 90 km/h on Thursdays when the train is 2 cars long between London and Kitchener and 120 after Kitchener.
From watching trains on Moving Maps since my first post, the 65ish km/hr limit west of Stratford seems to hold. Things are a little better than I posted east of Baden, ie trains go 60 km/hr most of the way to Kitchener, with a 16 km/hr slow order at the west end of Kitchener proper..... not exactly great performance.
East of Guelph, ML appears to have slapped a 55 mph limit on its trackage.
That line was good for 70 mph end to end when GEXR took it over.
- Paul
Very interesting! I'd missed that move coming. Keep in mind though that Virgin's brand has become synonymous with "bad" in UK rail service right now. Mind you, Virgin is not alone in that. Whether that parlays to US investors or not will remain to be seen.After announcing rebrand, Virgin Trains USA, formerly Brightline, files to go public
https://www.ft.com/content/dcc94a18-e9aa-11e8-a34c-663b3f553b35Financial Times reports:
[...] Sir Richard has agreed a strategic partnership with Brightline in which his Virgin Group will acquire a small minority stake in the only private intercity passenger rail service in the US, which is controlled by funds managed by Fortress Investment Group. Wes Edens, the chairman of Brightline, co-founder of Fortress and owner of Aston Villa, is also a shareholder. Late on Friday the rebranded Virgin Trains USA filed preliminary documentation for an initial public offering to fund its expansion and list on Nasdaq. Barclays, JPMorgan Chase and Morgan Stanley would underwrite the offering, according to the filing, which cited the traditional place holder sum of $100m as a fundraising target. The company opened its first service in Florida this year, which runs between Miami, Fort Lauderdale and West Palm Beach and has plans to expand into Orlando and Tampa. It has also announced plans to construct a passenger rail system running between Las Vegas and the outskirts of Los Angeles and cited longer term ambitions in markets from the Dallas-Houston route to the line between Boston and Washington which Amtrak’s Acela now serves.[...]
Whoa! Ambitious...and very interesting. Could Sir Richard approach the Cdn InfraBank to involve doing HFR? It's often stated (correctly) in this string as to how the Average Pleb has no clue on "HFR"....cited longer term ambitions in markets from the Dallas-Houston route to the line between Boston and Washington which Amtrak’s Acela now serves.
From watching trains on Moving Maps since my first post, the 65ish km/hr limit west of Stratford seems to hold. Things are a little better than I posted east of Baden, ie trains go 60 km/hr most of the way to Kitchener, with a 16 km/hr slow order at the west end of Kitchener proper..... not exactly great performance.
East of Guelph, ML appears to have slapped a 55 mph limit on its trackage.
That line was good for 70 mph end to end when GEXR took it over.
- Paul
Very interesting! I'd missed that move coming. Keep in mind though that Virgin's brand has become synonymous with "bad" in UK rail service right now. Mind you, Virgin is not alone in that. Whether that parlays to US investors or not will remain to be seen.
Whatever, it presages private investment being far more active in Cdn passenger rail.
Meantime, the UK press is on the story:
(From the Financial Times, which has the most detailed business aspect. For a video, the Independent is best)
https://www.ft.com/content/dcc94a18-e9aa-11e8-a34c-663b3f553b35
Virgin Trains USA to start running through Florida
The Independent-Nov. 17, 2018
In June, Virgin Trains East Coast (VTEC), which was 90 per cent owned by Stagecoach Group, was replaced on the UK's flagship route from ...
Richard Branson brings Virgin brand to US rail
Financial Times-Nov. 16, 2018
Florida's Brightline rail service partners with Sir Richard Branson's ...
Tampa Bay Times-Nov. 16, 2018
Virgin Group purchases Brightline, renames it Virgin Trains USA
Florida Trend-Nov. 16, 2018
Brightline to become Virgin Trains USA
Daily Mail-Nov. 16, 2018
Brightline forms a partnership with Virgin. A name change is coming ...
Local Source-Miami Herald-Nov. 16, 2018
View all
Whoa! Ambitious...and very interesting. Could Sir Richard approach the Cdn InfraBank to involve doing HFR? It's often stated (correctly) in this string as to how the Average Pleb has no clue on "HFR".
They would with the "Virgin" name attached. Why, even SoCons could get behind that...in a consensual sort of way...
The Infra Bank would only participate in a minority role. They will act as a *catalyst* by bringing parties together, albeit they also have limited financing of their own at their disposal. Their biggest role will be matching investors to *gov't underwritten and legally enabled* agreements. By being part of a consortium, that alone brings massive power to an enterprise. Think the Missing Link, which by Infra Bank participation, can draw on gov't lawyers and expertise to 'make things happen'.the Infrastructure Bank would own the tracks for HFR
Rather than compete with VIA, chances are that they'll form a limited company as shareholders. Think Crossrail in the UK.Unless an exclusivity clause was signed, Virgin could run trains on the new line too.
This is key!Hopefully the Brightline partnership is a financial deal and Brightline’s OCS approach will be retained.
https://therealdeal.com/miami/2018/...-public-under-its-new-name-virgin-trains-usa/Anonymous • a day ago
It’s good to see investment, but Virgin helped ruin the British railway system, so I’m not exactly pleased about it.
That lease has now been lost, and Virgin Rail are still extant in running the West Coast Mainline services, albeit at (IIRC) 51%. Even that might now be a minority holding.Virgin Rail Group - Wikipedia
In March 2015, Virgin Trains East Coast commenced operating the InterCity East Coast franchise. However instead of being run by Virgin Rail Group, this was ran by Inter City Railways which was majority owned by Stagecoach, with Virgin Group only holding a 10% shareholding.
https://therealdeal.com/miami/2018/...-public-under-its-new-name-virgin-trains-usa/Virgin Trains USA, the new name of the passenger-train operator, filed an S-1 form with the Securities and Exchange Commission (SEC) to go public.
“Our goal is to build railroad systems in North America that connect major metropolitan areas with significant traffic and congestion. We believe that the economics of passenger rail service offer a highly compelling investment opportunity,” the company said in its S-1 filing.
Outside Florida, the company formerly known as Brightline plans to operate on routes that include Los Angeles to San Diego, Dallas to Houston, and Atlanta to Charlotte, North Carolina, as well as its recently acquired route between Las Vegas and Southern California.
[...]
https://www.infrastructure.gc.ca/CIB-BIC/index-eng.html[...]
The Bank will use federal support to attract private sector and institutional investment to new revenue-generating infrastructure projects that are in the public interest. By leveraging the capital and expertise of the private sector, the Bank will help public dollars go further and keep our grant dollars for those projects that are more appropriate for traditional grant funding mechanisms.
The Canada Infrastructure Bank will invest $35 billion from the federal government into infrastructure projects. $15 billion is sourced from the over $180 billion Investing in Canada infrastructure plan, including:
[...]
- $5 billion for public transit systems;
- $5 billion for trade and transportation corridors; and,
- $5 billion for green infrastructure projects, including those that reduce greenhouse gas emissions, deliver clean air and safe water systems, and promote renewable power.
One of the ways that HFR has been discussed is that the Infrastructure Bank would own the tracks for HFR, and VIA would pay a kinda "rental fee" to use them.
I am happy to welcome private rail operators