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    Bullet Train Speeds Closer

    Speeding forward: 205 MPH bullet train between Houston and Dallas plans its routes in $10 billion project

    Elizabeth Rhodes
    Oct 23, 2014 | 2:56 pm

    The privately funded bullet train that aims to connect Houston and Dallas is continuing to move forward. Now, several potential rail routes between the two cities have been revealed.

    The Federal Railroad Administration (FRA) and the Texas Department of Transportation (TxDOT) released maps of nine potential routes, although only two routes were "selected for detailed evaluation." Evaluating potential routes is only one step in a federally mandated Environmental Impact Statement process to assess the rail line, a process that could take several years to complete.

    According to existing rail codes, the project's backers — who are paying for the evaluations — would have to purchase the properties that the proposed 205 MPH rail would run through from the companies or agencies which currently own them.

    Tickets to take the 90-minute train trip between Houston and Dallas will be competitive with airlines.

    The first public meeting addressing the project, held by officials from both the FRA and TxDOT, took place in Dallas on Tuesday. The meeting drew unanimous support, according to the Texas Tribune, but also comments from both residents and officials stating that selecting the right location for stations is of the utmost importance.

    When considering the route in terms of Houston, the decision revolves around which of the two routes are chosen. One runs through Tomball and comes along Loop 610 while heading south, while the other connects with Cypress and follows U.S. 290 to the city's center.

    Of the land needed by Texas Central Railway (TCR), most of it is flat, meaning costs for tunnels and overpasses would be kept to a minimum. The project will cost upward of $10 billion according to estimates and its backers hope to have it completed by 2021. To offset the substantial cost, TCR — and some of the project's powerful allies — have said that tickets to take the 90-minute train trip between Houston and Dallas will be competitive with airlines.

    More public meetings are planned, including a final meeting in Houston on Oct. 29 at NRG Center.

    Texas Central Railway's proposed high-speed train would take passengers from Houston to Dallas in 90 minutes.

    Central Rail high-speed bullet train rail
    Photo courtesy of JR Central
    Texas Central Railway's proposed high-speed train would take passengers from Houston to Dallas in 90 minutes.
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    news/innovation

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    big business

    Houston food giant Sysco will acquire Restaurant Depot for $29 billion

    Associated Press
    Mar 31, 2026 | 9:00 am
    Sysco Headquarters In Houston
    Photo by Brandon Bell/Getty Images
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    Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.

    The acquisition would create a closer link between Sysco and its customers that right now turn to Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.”

    Sysco, based in Houston, serves more than 700,000 restaurants, hospitals, schools and hotels, supplying them with everything from butter and eggs to napkins. Those goods are typically acquired ahead of time based on how much traffic that restaurants typically see.

    Restaurant Depot offers memberships to mom-and-pop restaurants and other businesses, giving them access to warehouses stocked with supplies for when they run short of what they've purchased from suppliers like Sysco.

    It is a fast growing and high-margin segment that will likely mean thousands of restaurants will rely increasingly on Sysco for day-to-day needs.

    Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. Based on Sysco’s closing share price of $81.80 as of March 27, 2026, the deal has an enterprise value of about $29.1 billion.

    Restaurant Depot was founded in Brooklyn in 1976. The family run business then known as Jetro Restaurant Depot, has become the nation's largest cash-and-carry wholesaler.

    The boards of both companies have approved the acquisition, but it would still need regulatory approval.

    Shares of Sysco Corp. tumbled 13% Monday to $71.26, an initial decline some industry analysts expected given the cost of the deal.

    news/innovation
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