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The goal of “Cargospeed” is to transport freight at the speed of flight, but at the cost...

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620 MPH would be amazingly fast.

Currently China's bullet trains only manage about 250 MPH peak, although they are working on a maglev design that would allow a max of 600 KmPH (372 MPH). Their test trains already reach 311 MPH.

 Of course, one difference is that the current bullet train service in China already carries people, not just packages, and already connects all the major cities in China.

Google/Wiki says:

China's 10 Fastest Trains — World Records and Benefits for You. Shanghai Maglev trains are currently the fastest trains commercially operated in the world, with a top commercial speed of 431 kph (268 mph) and a top non-commercial speed of 501 kph (311 mph).

 

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