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- W565577126 abstract "This article examines future trends in the freight railroad industry. Advocates claim that rail is back in vogue, thanks in part to trains' fuel efficiency and congestion on roads and highways. They call it a North American Railroad Renaissance. Freight volumes are forecast to double by 2020, but only if adequate capacity is added to handle the increase. The future requires a change in thinking from the past few decades, which were marked by an emphasis on wringing out new efficiencies without investing heavily. To reach the capacity needed to serve the growth in volume, it is estimated that U.S. railroads need to spend $135 billion over the next 30 years. That is half again as much as is being spent currently. The Class Is are setting aside significant amounts for these investments and are expected to carry some 70 percent of what is needed. Sources for the remaining money include new tax breaks and public-private partnerships (PPPs). Examples of some current PPP-funded projects are given." @default.
- W565577126 created "2016-06-24" @default.
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- W565577126 date "2008-06-01" @default.
- W565577126 modified "2023-09-27" @default.
- W565577126 title "In Vogue Indefinitely: The 'Renaissance' Era Is Here to Stay, Presuming Stakeholders Figure Out How to Partner Up- And Pony Up- to Ensure There's Enough Rail Capacity" @default.
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