Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




  railPrime
            View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home High-Speed Rail

3/2/2026



Rail News: High-Speed Rail

California High-Speed Rail Authority's new plan slashes $1.7B in costs


The drafted plan outlines how CHSRA plans to generate revenue through the start of high-speed passenger-rail service and private development partnerships.
Photo – California High Speed Rail Authority

advertisement

The California High-Speed Rail Authority's (CHSRA) draft 2026 business plan cuts $1.7 billion from the first phase of the project between San Francisco and Los Angeles.

Issued Feb. 28, the draft plan lays out the CHSRA's financial approach to the year, including cost savings  and proposed new revenue streams, CHSRA officials said in a press release. The draft plan is available for public comment through April 29.

The plan calls for completing construction of and starting revenue service along the 171-mile Merced to Bakersfield section of high-speed rail, known as the Central Valley segment, and expanding that service to major population areas as soon as possible to generate additional revenue, said Tom Richards, CHSRA board chair.

The authority also has plans for creating new revenue through private-sector partnerships, such as real estate development along the route. 

 



Contact Progressive Railroading editorial staff.

More News from 3/2/2026