Obama's High-Speed Train Revolution Foreign Firms Hoping to Ride US Rail Boom

Siemens, Bombardier and other rail engineering firms have high hopes for the US market because the Obama Administration plans to promote the development of high-speed rail networks. Germany's Siemens will showcase its Velaro ICE trains in Florida this week ahead of a bidding process in the state.
Von Mary Beth Warner
Visitors inspect the new Siemens Velaro train at the InnoTrans 2010 trade fair in Berlin. Will the German high-speed train soon be whisking passengers from Tampa to Disney World?

Visitors inspect the new Siemens Velaro train at the InnoTrans 2010 trade fair in Berlin. Will the German high-speed train soon be whisking passengers from Tampa to Disney World?

Foto: ODD ANDERSEN/ AFP
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