Economic Impact Analysis of Short Line Railroads : Research Project Capsule
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Economic Impact Analysis of Short Line Railroads : Research Project Capsule

  • Published Date:

    2012-10-01

  • Language:
    English
Filetype[PDF-144.60 KB]


Details:
  • Publication/ Report Number:
  • Resource Type:
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  • Edition:
    Research project capsule.
  • NTL Classification:
    NTL-ECONOMICS AND FINANCE-Economic Impacts ; NTL-RAIL TRANSPORTATION-Rail Economics and Finance ;
  • Abstract:
    Rail transportation is of vital importance to the state of Louisiana and is a key component of the state’s business infrastructure, supporting agricultural, petroleum, chemical, and manufacturing industries across the state. Short line (Class III) rail is defi ned as rail operations with revenues of $31.9 million or less and those handling terminal and switching operations. Short line rail operations function in tandem with larger regional (Class II) and national (Class I) rail operations. Class III rail operations are generally responsible for moving commodities from manufacturing sites to interchange points with Class I rail operations where they can be transported to transnational locations. While not as large as Class I and II operators, Class III operators play a crucial role in ensuring that goods and commodities are both shipped and received in a timely fashion.
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