by VPayne
Freight rail traffic, and actually freight traffic in general, has grown significantly over the last decade, primarily as part of intermodal freight trafficfrom Chip72
I agree, there has been a large gain in intermodal, did it surpase coal this year... but isn't an intermodal train, differing on the equipment type, very compatable with a passenger train making stops? Even some of the eastern roads are wrapping their minds around running intermodal trains at a maximum of 60 -65- 70 MPH. An Amtrak train, running to timetable of course, makes from 45 to 55 MPH on average when station stops are counted. Intermodal freight is averaging over the mainline from 30 to 45 MPH, depending upon the number of sidings on a mainline.
So the obvious answer is to restore equity to the taxation and highway freight cross and general fund subsidy so the railroads can have just a little bit more to invest in capital spending.
Sidings do cost money, at an investors rate of capital around $900/day to $1400/day for a new installation. Yet they benifit all the traffic out there. When I did the calculations I got a cost of around $200/train hour for wages and interest on equipment. So if that one siding can get rid of few hours of delay to all trains passing it makes money. This was the old calculus that assume that the rates paid by freight was the same. But on a per trainmile basis the cost is not that great. Say $1000/(30 trains x 8 mile spacing) = $4.2/trainmile. Then we will see the average over the road velocity increase for intermodal trains, providing more