August 18, 2020 - SeekingAlpha.com - Commentary by James Hanshaw -
I headed my article that way because it is not commonly known that true high-speed rail can do journeys city centre to city centre of up to 500 miles faster than planes. That is because there are no lengthy airport procedures and no long commutes required at each end to and from out of town airports. Additionally, those fast trains can serve several large towns along the way within that time.
For example, my wife and I travel from the centre of Zürich in Switzerland to the centre of Paris, France, by train faster than by plane and it is far more enjoyable.
The flight may be only 75 minutes, but it takes 45 minutes to get from central Paris to CDG airport and you should be there 2 hours before departure time. Then in Zurich allow 30 minutes to get luggage and travel into the centre. Total travel time 4.5 hours. Source: tripadvisor.com
Read more: https://seekingalpha.com/article/4369485-trains-are-new-age-planes
Summary
The need to view the future now has been brought sharply into focus by the virus and environmental problems.
Our new post-virus polluted way of life will put us back on what created the first industrial age: trains that today go faster than planes.
The US has some catching up to do to avoid being left in a railway siding.
Much of the world’s economy is currently in deep recession. The traditional way to get out of that is with massive infrastructure investments.
This means opportunities for investors in companies such as Alstom, Caterpillar and Stadler.
I headed my article that way because it is not commonly known that true high-speed rail can do journeys city centre to city centre of up to 500 miles faster than planes. That is because there are no lengthy airport procedures and no long commutes required at each end to and from out of town airports. Additionally, those fast trains can serve several large towns along the way within that time.
For example, my wife and I travel from the centre of Zürich in Switzerland to the centre of Paris, France, by train faster than by plane and it is far more enjoyable.
The flight may be only 75 minutes, but it takes 45 minutes to get from central Paris to CDG airport and you should be there 2 hours before departure time. Then in Zurich allow 30 minutes to get luggage and travel into the centre. Total travel time 4.5 hours. Source: tripadvisor.com
Read more: https://seekingalpha.com/article/4369485-trains-are-new-age-planes
Summary
The need to view the future now has been brought sharply into focus by the virus and environmental problems.
Our new post-virus polluted way of life will put us back on what created the first industrial age: trains that today go faster than planes.
The US has some catching up to do to avoid being left in a railway siding.
Much of the world’s economy is currently in deep recession. The traditional way to get out of that is with massive infrastructure investments.
This means opportunities for investors in companies such as Alstom, Caterpillar and Stadler.