Public-Private Partnerships Address Rail Transportation Challenges

The economic growth of the United States (U.S.) has always been tied closely to transportation. For a number of years, seriously looming transportation infrastructure challenges have been recognized by policy decision makers, legislators, analysts and scholars, and a high priority has been placed on the nation continuing to enjoy the benefits spawned by transportation related efficiencies. The strains on the U.S, transportation system will increase as the projected future increases in freight and passenger transportation demand are confronted. One component of this solution needs to be a more pronounced reliance on public private financing partnership for freight railroad infrastructure improvement projects where they need and want to go. This paper defines a rail related public private partnership (PPP) as a collaborative effort involving one or more local, state, regional or federal government entities, and one or more private freight railroads. The paper argues that public private partnerships for freight rail infrastructure project offer a way for communities to meet many objectives that otherwise perhaps would not be obtained.

Language

  • English

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Filing Info

  • Accession Number: 01003660
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 8 2005 5:28PM