28.01.2015 Views

nymtc regional freight plan - New York Metropolitan Transportation ...

nymtc regional freight plan - New York Metropolitan Transportation ...

nymtc regional freight plan - New York Metropolitan Transportation ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

A Freight Plan for the NYMTC Region<br />

Figure 2.18<br />

Railroad Capital Spending<br />

Class I Net Funds Available for Reinvestment versus Capital Expenditures<br />

Dollars (in Billions)<br />

8<br />

7<br />

6<br />

5<br />

4<br />

3<br />

2<br />

Funds Shortfall<br />

Net Funds Available for Reinvestment<br />

Capital<br />

Expenditures<br />

•Investors are<br />

impatient with<br />

the railroads’<br />

failure to earn<br />

cost of capital<br />

•Debt is rising<br />

•ROI must improve<br />

with real growth<br />

or with reduced<br />

investment<br />

1<br />

0<br />

1982 1984 1986 1988 1990 1992 1994 1996 1998 2000<br />

Source: American Association of Railroads.<br />

Table 2.2<br />

Efficiency of Railroads versus Diesel Trucks<br />

Mode Fuel Infrastructure Cost Safety<br />

Railroad<br />

455 ton-miles per<br />

gallon<br />

216 million annual tons<br />

per track<br />

2.7¢ per ton-mile 0.61 fatalities per<br />

billion ton-miles<br />

Truck<br />

105 ton-miles per<br />

gallon<br />

37.8 million annual tons<br />

per lane<br />

5.0¢ per ton-mile 1.45 fatalities per<br />

billion ton-miles<br />

Sources and Notes:<br />

1 Theoretical capacity calculation assuming maximum density <strong>freight</strong> use.<br />

2 Based on latest available American Association of Railroads (AAR) and American Trucking Associations<br />

national revenue and volume statistics.<br />

3 Based on 2001 Federal Motor Carrier Safety Administration and AAR safety statistics.<br />

4 “Incidents” include all non-fatal injuries and property damage accidents.<br />

Cambridge Systematics, Inc. 2-17

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!