Maglev Trains
  
There are many types of transportation devices however Maglev trains are becoming more common in today's technological atmosphere. Maglev trains are kept afloat by electromagnets and can run along a guide-way, contrary to wheels on a rail. Maglev trains are much faster than the conventional bullet train. The highest recorded Maglev speed is 603 km/h (374 mph).

Speed is not the only advantage of using Maglevs. Because Maglev trains do not have wheels, the operating noise is significantly decreased. Moreover, Maglevs use approximately 30% less energy than normal trains. Ideally Maglevs require less maintenance because there is no wear and tear from the contact with the track.

Taking advantage of Maglev technology does have disadvantages including the expense of the track. Not only is the construction expensive but the use of magnetic coils is as well. Magnetic coils require the use of rare-earth elements which may be quite expensive to recover and refine.
Courtesy of Daily Tech
Courtesy of Daily Tech

To read more about the internal magnetic technology, click here.