Higher Speed Freight Truck Market Analysis

Details

• Alternative Title:
  Market analysis: validation of a 70-ton higher speed freight truck design for operations up to 125 mph.
• Corporate Creators:
  Sharma & Associates, Inc.
• Corporate Contributors:
  United States. Federal Railroad Administration. Office of Railroad Policy and Development
• Subject/TRT Terms:
  • High speed rail
  • Market assessment
  • Economic analysis
  • Freight service
  • Freight trains
  • Heavy duty trucks
  • High speed vehicles
  • Revenues
  • Average freight train speed
  • economic analysis
  More +
• Publication/ Report Number:
  DOT/FRA/ORD-13/32
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States
• Corporate Publisher:
  United States. Federal Railroad Administration. Office of Research and Development
• NTL Classification:
  NTL-RAIL TRANSPORTATION-High Speed Ground Transportation
• Abstract:
  A market analysis was conducted on behalf of FRA to determine the viability for implementation of higher speed freight rail service in anticipation of high-speed passenger rail service on upgraded freight rail corridors. The analysis focused on the potential need for higher speed freight service in planned higher speed passenger rail corridors and Tech Report channels. The market analysis revealed additional unforeseen revenue potential for freight railroads in the form of dedicated train sets like refrigerator car trains, long distance produce shipments, and overnight city pairs, among Tech Reports. The potential additional rail revenue from higher speed freight that has been identified for freight railroads could exceed $4.6 billion annually. It is projected that that amount would add approximately $460 million to the freight railroads’ annual profit stream. Additionally, there is at least some percentage of AnTech Report potential $28 billion annual market in long distance road transportation that could be converted to rail, if it included higher speed freight service.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/28268/dot_28268_DS1.pdf
• File Type:
  [PDF - 1.70 MB]
• Collection(s):
  US Transportation Collection ; Federal Railroad Administration
• Main Document Checksum:
  urn:sha256:2ab53c09d6cfdfd53d2eff937621667dd2b98238d9de7f36d53479b4d4be7e37