DAEJEON, Aug. 31 (Korea Bizwire) — Korail is introducing a new car sharing service catering to those traveling on the company’s high-speed KTX trains, beginning Friday at 15 stations including Seoul Station. Dubbed ‘KTX-Deal Car’, the collaboration between Korail and Hyundai Capital allows Korail passengers to rent a car from the nearest pick-up point, primarily parking [...]
SEOUL, May 22 (Korea Bizwire) – An expanded bullet train system has allowed people living in roughly a fifth of the country to benefit from shortened travel time last year, a government report said Monday. In a recent report by the Korea Research Institute for Human Settlements, residents in 22.4 percent, or a 22,000 square [...]
SEOUL, March 16 (Korea Bizwire) – Plans to make space at Seoul Station for a possible train line leading to North Korea in the event of Korean unification were revealed by government officials yesterday. A senior official at the Ministry of Land, Infrastructure, and Transport (MOLIT) spoke about the grand plan, saying, “Although the Gyeongwon Line [...]
SEOUL, Nov. 24 (Korea Bizwire) – Taking place on Wednesday was a test run of Korea’s new high-speed train, the SRT (super rapid transit), with passengers on board. With a maximum speed of 330 kilometers per hour, the new trains will use the newly-built railroad from Suseo, southern Seoul, to Pyeongtaek (Gyeonggi Province) and share [...]
ULSAN, July 21 (Korea Bizwire) – Ulsan National Institute of Science and Technology (UNIST) announced on July 21 that it would explore hyperloop technology first suggested by Elon Musk in 2013 to develop a futuristic ‘Dream Train’ that could connect Seoul and Busan in less than 16 minutes. To participate in what has become a global research trend [...]