Now that high-speed rail is considered “sexy” and politically supported in the U.S., engineers and suppliers are eager to seize upon potential project opportunities. But they must choose carefully from a variety of technologies, methods and financial models found in the rest of the world. “We are in the fourth generation of high-speed trains globally,” said Anthony Perl, professor of urban studies at Simon Fraser University, Burnaby, British Columbia, at a high-speed rail conference held Oct. 22-23 in Washington, D.C. “The biggest obstacle in the U.S. is where to put high-speed rail and where to build it. We have to
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.