THE RAILROAD FUTURE. A STUDY OF PROSPECTS AND PROBLEMS THROUGH 1970
This report forecasts the future of the railroad industry through 1970. It is intended to encourage individual railroad companies to prepare their own forecasts, but it is no substitute for these. The study provides projected traffic volumes and revenues in future years. However, it should be understood that these figures are merely intended to represent the expected trends from 1962 through 1965 to 1970; no attempt is made to predict the short term cyclical changes which will occur in the future as in the past. In making this forecast, trends in population and in various economic measures were examined and extended into the future, or an existing projection was followed. The relationship of volumes of transportation to such measures was then used to extend these data through the remainder of this decade. The resulting projections were modified by consideration of developments in technology, in business practice, and in regulation and promotion.
- This report, prepared for the Railway Progress Institute, although somewhat dated, may be of interest for the methods used.
Banks (RL) and Associates, Incorporated900 17th Street, NW
Washington, DC United States 20006
- Publication Date: 1962-6
- Features: Appendices; Figures; Tables;
- Pagination: 130 p.
- TRT Terms: Demand; Forecasting; Freight transportation; History; Travel demand
- Subject Areas: Freight Transportation; History; Railroads;
- Accession Number: 00054754
- Record Type: Publication
- Source Agency: Banks (RL) and Associates, Incorporated
- Files: TRIS
- Created Date: Jun 24 1974 12:00AM