United States Department of Transportation
i
Economic Impact Analysis of Short Line Railroads
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2014-10-01
[PDF-1.33 MB]
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TRIS Online Accession Number:01675641
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Edition:Final Report
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Abstract:to their role in facilitating the transportation of goods to and from Class I railroads. Second, a detailed description of the broader economic contribution of short line railroads in Louisiana, focusing on key economic metrics such as employment levels, parish presence and industries served, as well as estimates of the economic impact of the short line railroads on the state and selected regions of the state, is provided. In this section, the fact that short line railroads account for approximately 1,821 direct and indirect jobs in the state, many of which are located in parishes with limited employment opportunities, is highlighted. More importantly, short line railroads directly support the State’s leading industries (i.e., agriculture, oil and gas, etc.) which represent the major drivers of the State’s overall economy. These major industries support over 260,000 jobs in the Louisiana economy or close to 15 percent of all jobs in the state. In addition, these core industries create the opportunity for other businesses to be successful. In this section, also addressed are possible alternatives to short line rail operations and their environmental and economic impact. Lastly, short line policies (e.g., grant programs for capital improvements) that should be considered by the state of Louisiana in order to accommodate the flow of goods using railways in the state is explored. These policies are drawn from short line rail policies that have been crafted by other states, but are related to the unique short line issues in Louisiana.
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