WhereDaily News: X Train to Seek Strategic Public Private Partnerships to Roll Out High End Service on Existing Passenger Rail Routes
LAS VEGAS, NV--(Marketwired - Dec 2, 2013) - The Las Vegas Railway Express, Inc. (OTCQB: XTRND), known as the X Train, a planned luxury train travel service featuring its "Club X" service, announced today that the Company is seeking to create Public Private Partnerships with existing passenger rail services, to provide a high end Club Style service on selected existing routes. The concept, set to deploy this coming year, has the X Train providing its own club style and upscale rail cars which are planned to be coupled to existing passenger trains. The X Train plans to pay for the incremental cost of hauling the additional cars plus a revenue participation in the X Train revenue stream for participating rail agencies. No taxpayer resources are required to commence this service and the X Train bears the capital cost of producing the rail cars. The first such delivery of Club X Train cars is scheduled to start this month as the cars begin arriving December 9th here in Las Vegas. Interested parties can contact Penny White, Chief Operating Officer - Passenger Services at 702-628-9245 or by email at [email protected]
