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PRODUCTIVITY: THE KEY THAT CAN UNLOCK THE RAILROAD FUTURE

Productivity means a lot of things. It means capital productivity, investment with a meaningful return. It means people productivity, the maximizing of human resources. It means service improvement, reliability improvement, more runthrough and unit-train operations, more equipment and better utilization of it, less damage to customers' shipments, stepped up maintenance of track and other fixed plant, better terminal operations, more significant use of computer capabilities, an increase in innovation as applied to rail marketing and service design. Productivity means a better product and better ways of selling it. It means new demonstration of railroad essentiality to the public and its elected representative, so that needed legislative and regulatory reforms can be made. On the subject of the legislative situation, help could come from Washington, but it will not come easily. There will also be problems for the railroads on the labor/management front but down-to-earth demands could mean a fairly smooth ride. Capital expenditure will add up to 3.7 billion. Car orders will turn slightly upward as railroads try to open new markets. For shippers, there will be a greater reliability of service. An image problem remains and Amtrack is part of it and, of course, the big question is still: What will happen to the Penn Central?

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  • Corporate Authors:

    Simmons-Boardman Publishing Corporation

    P.O. Box 350
    Bristol, CT  United States  06010
  • Publication Date: 1973-1-29

Media Info

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Filing Info

  • Accession Number: 00044558
  • Record Type: Publication
  • Source Agency: Railway Age
  • Files: TRIS
  • Created Date: Jun 15 1974 12:00AM