With its double-decker design and posh interior perks, this concept train from Australian firm Hassell could one day zip the denizens of the land down under across the outskirts of their island continent at hundreds of miles per hour.
President Obama is calling for $53 billion in funding for developing trains that travel at speeds of up to 250mph in a bid that follows his State of the Union speech about "winning the future." [The Huffington Post]
A new transportation bill signed by Bush on Friday would free up $45 million to build the U.S.'s first maglev train. The train will travel between Disneyland and Las Vegas at up to 300 mph and is meant to help ease traffic on the 250+ mile ride on Interstate 15. While I'm all for high-speed trains and efficient…