From Freightwaves.com; September 12, 2018
After spending plenty of money on investment in the last 10-plus years, the nation’s class 1 railroads are basically standing still.
That was the sobering view presented by John Schmitter, a former railroad executive who now heads his own consultancy, KEP LLC. Addressing the 2018 FTR Transportation Conference in Indiana, his subject’s title–“How Technology will Change Rail Economics”–reviewed how technology has made those changes, and yet has provided little shift in overall network velocity and essentially no increase in capacity since 2005.
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