Japan Announces Plans for the World's Fastest Train

 - Feb 19, 2011
References: intransit.blogs.nytimes
Central Japan Railway Company has recently announced a huge new undertaking: the creation of the world's fastest train line between Tokyo and Nagoya.

With a staggering estimated cost of $64 billion, this unbelievable commuter train will have the ability to make the 90-minute journey (via the existing 178-mph train it has now) in just over half that time. To become the world's fastest train, this new line will use a futuristic magnet system that actually lifts the train off the rails to reduce drag.