The future of the rail industry is up for grabs, consultant says

(Source: Trains Magazine, November 22, 2021)

NEW YORK — Railroads have a stark choice. They can maintain their focus on the operating ratio, continue to bleed traffic to the highway, and lose $177 billion in revenue by 2030. Or they can become customer-friendly, fit into new supply chains, and provide reliable service that will enable them to gain share from trucks — and land $61 billion in new revenue by 2030. That’s the conclusion of Adriene Bailey, a partner at consulting firm Oliver Wyman who spoke at a railroad conference in mid-October 2021.

Full story: Trains Magazine

Tuesday, November 23, 2021

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