MEXICO CITY — A new Hyperloop system being proposed by Mexican consortium Mexloop could reduce traveling time between Mexico City and Guadalajara to 38 minutes. <br /> <br />Mexloop's design is one of the 10 winners of the Hyperloop One Global Challenge, Inhabitat reported. <br /> <br />The Hyperloop would connect 42 million people in four major cities in Central Mexico: Mexico City, Querétaro, León and Guadalajara. <br /> <br />The proposed system would stretch 330 miles, and would take about 38 minutes the travel the entire route. <br /> <br />Stations would be located close to airports, rail freight hubs and train stations in order to maximize transportation infrastructure efficiency, according to Hyperloop One. <br /> <br />Mexloop says the Hyperloop would help the economy as well as ease traffic congestion. <br /> <br />According to Mexloop, a Hyperloop system would only be two thirds of the cost of a high speed rail system.