Investment Analysis at Conrail

Consolidated Rail Corporation (Conrail), was created by the United States Railway Association (USRA) as a solution to the six bankrupt carriers in the Northeast. USRA recognized the dilapidated condition of the carriers and proposed a plan that called for a massive rehabilitation effort for Conrail. For the period 1976-1985, Conrail is expected to spend about $8 billion for the rehabilitation of the plant and equipment. In an attempt to prioritize the rehabilitation projects to be undertaken and quantify benefits in a consistent manner, Conrail has employed many different types of investment analysis. The different types of projects that have been evaluated include analyses of freight cars (both new and repaired), locomotives, cabooses, shop machinery, new shop construction, nonrevenue work equipment, maintenance of way projects, automotive vehicles, yard redesign, and strategic route selection. This paper will deal with two types of investment projects, maintenance-of-way (M/W) rehabilitation projects and freight car analysis. The analysis of new and repaired freight cars on Conrail is similar to the methodology used on other railroads, while the computer model developed to prioritize M/W rehabilitation project is in some respects unique to Conrail but could be used to other railroads.

  • Corporate Authors:

    Transportation Research Forum

    P.O. Box 5074
    Fargo, ND  United States  58105
  • Authors:
    • Folk, Joseph F
  • Publication Date: 1977


  • English

Media Info

  • Media Type: Print
  • Edition: Volume XVIII, Number 1
  • Features: Figures; Tables;
  • Pagination: pp 435-443
  • Monograph Title: Transportation in Transition. Proceedings of the Eighteenth Annual Meeting

Subject/Index Terms

Filing Info

  • Accession Number: 01105394
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 30 2008 11:13AM