Transportation

Brightline Founder Eyes Private Rail Expansion to Texas, Seattle

  • ‘Time to have a big passenger rail industry,’ says Wes Edens
  • His newest rail project connects Las Vegas to California
Brightline founder and Chair Wes Edens discusses what the new Brightline project will mean for the high-speed rail industry in the US. He joins David Westin on “Wall Street Week.”Source: Bloomberg

A new era of fast passenger rail is poised to sweep across the US, according to Wes Edens, the billionaire founder of Brightline — the first private train operator in the country in more than a century.

After kicking off construction this week on Brightline’s latest venture, a $12 billion rail project spanning from Las Vegas to Southern California, Edens is already envisioning the next major hub.