Class I railroads in North America collectively invested USUS$11.2 billion to comply with a U.S. federal mandate to deploy positive train control as a form of train protection system. This amount dwarfs the potential savings from accidents the technology could prevent. Therefore, railroads must seek additional benefits. This research contributes simple closed-form models to inform strategies that can leverage the technology deployment by estimating the annual additional net benefits, internal rate of return, and benefit-cost ratio needed for a desired payback period.


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    Title :

    Closed form models to assess railroad technology investments


    Contributors:

    Published in:

    Publication date :

    2020-10-02


    Size :

    12 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown





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