Japan has unveiled a new 'bullet train' capable of running at a speed of 360 km/h (224 mph), which would make it the world's fastest train.

East Japan Railway Co. debuted the new Shinkasen in the town of Rifu in the northern prefecture of Miyagi after a series of test-runs from late Monday to early Tuesday at Sendai Station.

Starting at the end of fiscal 2012, the new train is to run between Tokyo and Shin-Aomori stations in three hours and five minutes, 54 minutes faster than what it currently takes conventional and bullet trains to cover the distance.

The new E5-type train enjoys a reduction of air resistance thanks to an elongated nose.

JR East plans to equip its fleet with 59 10-car E5 trains by the end of fiscal 2015, a spokesman for the carrier said in Tokyo.

The E5 will first start operating between Shin-Aomori and Hachinohe stations, both in Aomori Prefecture, in December 2010.

http://www.presstv.com/detail/98523.htm?sectionid=351020406
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Why is USA not having any trains like this?

Oh yeah..I know..money must be spent on wars.

Darn that beats the ICE train I love to ride