Abstract
Railways around the world are facing capacity constraints due to the considerable future demand. In North America, the traffic is projected to increase 88% by 2035. It is clear that network capacity must be increased, but the question is how to allocate capital in the best possible way. In this research, we demonstrate a decision support tool to determine how to optimize the allocation of capital investment for capacity expansion projects. Such a tool will help railroads maximize their return from capacity expansion and thus be better able to provide reliable service to their customers, and return on shareholder investment.
| Original language | English (US) |
|---|---|
| Pages | 933-940 |
| Number of pages | 8 |
| State | Published - 2009 |
| Event | 9th International Heavy Haul Association Conference: Heavy Haul and Innovation Development, IHHA 2009 - Shanghai, China Duration: Jun 22 2009 → Jun 25 2009 |
Other
| Other | 9th International Heavy Haul Association Conference: Heavy Haul and Innovation Development, IHHA 2009 |
|---|---|
| Country/Territory | China |
| City | Shanghai |
| Period | 6/22/09 → 6/25/09 |
Keywords
- Capacity planning
- Decision support tool
- Railway
ASJC Scopus subject areas
- Management of Technology and Innovation