Methods for Increasing Missouri’s Passenger Rail Business Revenues

Waldt, Peter; Atallah, Stephanie; Hartman, Ronald J.; Watson, Tim

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Methods for Increasing Missouri’s Passenger Rail Business Revenues

2023-03-01
By Waldt, Peter ; Atallah, Stephanie ; Hartman, Ronald J.

File Language:

English

Details

Creators:

Waldt, Peter ; Atallah, Stephanie ; Hartman, Ronald J. ; Watson, Tim
Corporate Creators:

WSP USA Inc.
Corporate Contributors:

Missouri. Department of Transportation. Construction and Materials Division ; United States. Department of Transportation. Federal Highway Administration
Subject/TRT Terms:
Publication/ Report Number:

cmr 23-006
Resource Type:

Tech Report
Geographical Coverage:

Missouri ; United States
Edition:

Final Report (March 2022-February 2023)
Corporate Publisher:

Missouri. Department of Transportation. Construction and Materials Division
Abstract:

This research identifies opportunities to enhance revenue including yield management, creative fare schemes and campaigns, partnerships attractions and institutions. As part of this effort, the authors interviewed overseas rail operators to provide examples of revenue enhancement as well as operators such as Brightline and Amtrak to identify examples and opportunities to enhance promotions, fare revenue and ridership. Within the Missouri River Runner corridor catchment area, the authors identified and analyzed numerous attractions, institutions and municipalities that could partner with to enhance revenue. In addition, USDOT/FRA programs were highlighted to provide numerous funding sources that can assist with capital improvements to the right of way which can lead to greater customer satisfaction and therefore ridership and revenue. It is recommended that MoDOT assesses the local assets and industry practices identified in this study and utilize those which it finds most appropriate to enhance revenue, potentially serving as models for other state supported services.
Format:

PDF
Funding:

MoDOT project # TR202210
Download URL:

https://rosap.ntl.bts.gov/view/dot/66997/dot_66997_DS1.pdf
File Type:

[PDF - 2.41 MB]
Collection(s):

US Transportation Collection
Main Document Checksum:

urn:sha256:2ec548d43695f322d3a249c95c29f9854eb6eecee43f722f98c73cdd993038c0

File Language:

English

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