ECONOMIC SYNERGISM IN RAILROAD ELECTRIFICATION

Railroad electrification has been generally accepted as the optimum method of propulsion for trunk lines in most developed nations of the world, except for North America. But in North America repeated studies have shown above-average rates of return on investment, greater efficiency, and faster operation. In this paper the possible reasons for North America's failure to develop railroad electrification, the advantages and disadvantages of electrification, and possible means for obtaining the benefits of electrification in North America are addressed. Because electrification requires a major increase in investment, synergism may be necessary to render electrification economically practical. Low-rated bulk commodities in volume can move more economically with electric power, but not always sufficiently so to induce private capital to make the effort or to take risk. Other nations provide government funding to gain the substantial benefits of electrification. High-rated competitive movements seldom go by rail today, but they more likely would if the speed and economy made possible by electrification were made available to users. If high-rated goods were moved by rail, the added volume would reduce the unit costs of fixed expense, thereby reversing the downward slide of carloadings, which provokes rate increases, causes lower traffic volumes, results in reduced service, and repeats the downward cycle. In addition to freight, passengers, mail, and express also have profit potential under electric operations and offer the opportunity to make the total railroad operation more cost effective and useful than a single-purpose bulk commodity facility.

Media Info

  • Media Type: Print
  • Features: References; Tables;
  • Pagination: pp 47-51
  • Monograph Title: Rail papers - 1984
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00391338
  • Record Type: Publication
  • ISBN: 0309036739
  • Files: TRIS, TRB
  • Created Date: Mar 29 1985 12:00AM