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