Funding and Financing U.S. Rail Relocation Projects: Case Studies and Lessons Learned

Freight transportation by rail is a major component of the transportation activity within the metropolitan areas of the United States; however, conflicts between rail and highway routes are especially acute in and around urban rail facilities. Railroad relocation is a viable option for addressing several issues within urban areas and should be considered by planners as one of several potential options for improving mobility and safety, reducing congestion, increasing capacity, providing new economic development opportunities, and mitigating the issues associated with urban railroad operations. As with most major transportation improvement projects, railroad relocation projects have numerous benefits for the public and private sector, but are delayed or postponed entirely due to a limited funding supply, or the inability to provide a local match. Using case studies from four successful U.S. railroad relocation projects, this paper will attempt to fill the gap by identifying the best practices and lessons learned for funding and financing railroad relocation projects.

• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Authors:
  • Morgan, Curtis A
  • Warner, Jeffery E
  • Olson, Leslie
  • Sperry, Benjamin R
• Conference:
  • Transportation Research Board 87th Annual Meeting
  • Location: Washington DC, United States
  • Date: 2008-1-13 to 2008-1-17
• Date: 2008

Language

• English

Media Info

• Media Type: DVD
• Features: References; Tables;
• Pagination: 13p
• Monograph Title: TRB 87th Annual Meeting Compendium of Papers DVD

Subject/Index Terms

• TRT Terms: Best practices; Financial analysis; Freight transportation; Lessons learned; Mobility; Railroad rails; Railroad transportation; Relocation (Facilities)
• Subject Areas: Economics; Finance; Freight Transportation; Railroads;

Filing Info

• Accession Number: 01095608
• Record Type: Publication
• Report/Paper Numbers: 08-1735
• Files: TRIS, TRB
• Created Date: Apr 28 2008 9:33AM