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The Northeast Maglev company is pursuing a plan to create a high-speed route between New York and D.C. using a train that levitates on magnets.

Possibly egged on by Hyperloop optimism, an old proposal for turning the Northeast Corridor into a high-speed transit route has risen from the grave.

Investors in the Northeast Maglev (TNEM), an American company with funding from a Japanese government bank, say that a superconducting magnetic levitation train is the future of transportation between Washington, D.C. and New York City. If successful, the Northeast Maglev would carry passengers one way in 60 minutes, and from Baltimore to D.C. in 15 minutes. (Magnets! How do they work?)

Image: www.fastcoexist.com