In the fiscal year 2022, Central Japan Railway Company (JR Central) earned around 0.99 trillion Japanese yen of revenues from its high-speed railway Shinkansen, increasing from roughly 0.59 trillion in the preceding year.
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With the right commercial strategy, high-speed rail (HSR) routes can be profitable, with some lines achieving modal shares of up to 65%.
Including service to San Francisco, San Jose and Los Angeles, the California High-Speed Rail Authority estimates that 50 million riders will use the system annually, generating about $3.4 billion of fare revenue.
The coronavirus pandemic has forced a rethink of public transportation's future as ridership has tumbled. The Hokkaido Shinkansen, which opened in 2016, suffered an operating loss of 14.8 billion yen in fiscal 2021 on its last leg, which stops just short of Sapporo.
In 2016 it was revealed, that last year the Beijing–Shanghai High-Speed Railway Company (BSHSRC) has total assets of ¥181.54 billion ($28 billion), revenue ¥23.42 billion ($3.6 billion) and a net profit ¥6.58 billion (US$1 billion), thus being labeled as the most profitable railway line in the world.
Passenger revenue of JR Central Shinkansen in Japan FY 2012-2021. In the fiscal year 2021, Central Japan Railway Company (JR Central) earned around 589.8 billion Japanese yen of revenues from its high-speed railway Shinkansen, increasing from roughly 417.3 trillion in the preceding year.
In addition, the tracks, signals, rail cars and software made in the U.S. are costlier than imports, largely because the government has not funded rail the way European and Asian countries have, experts say.
From a financial standpoint, only two HSR lines in the world are profitable: Paris-Lyon in France and Tokyo-Osaka in Japan. A third line, Hakata-Osaka in Japan, breaks even. The majority of high-speed rail lines require large government subsidies from both general taxpayers and drivers.
Implementing high-speed rail will keep billions of dollars in the U.S. economy by decreasing the amount of oil that the U.S. consumes. According to the International Association of Railways (UIC), high-speed rail is eight times more energy efficient than airplanes and four times more efficient than automobile use.
A 2019 World Bank study estimated the rate of economic return of China's high-speed rail network to be at 8 percent, which is well above the opportunity cost of capital in China for major long term infrastructure investments.
Beautiful views aside, the bullet train really is one of those must-do Japanese experiences. It can feel a bit daunting to try and figure out how to use it, but don't worry – we've got a few tips on how to get the most out of Japan's bullet trains.
1: Shanghai Maglev - 460 kph/286 mph (China)The world's fastest public train is also unique – it's the only link in the world currently carrying passengers using magnetic levitation (Maglev) rather than conventional steel wheels on steel rails.
Here are reasons high speed rail is more expensive than regular rail: The design of high speed railroads is more difficult due to grades and curvature. High speed rail requires gentler grades and very slight curvature. This results in more and longer fills, more and longer cuts, more and longer tunnels, and m.