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Equipment Analysis on a Shortline Railroad Budget

Shortline railroads have been forever known as the “first-mile, last-mile” providers, bringing essential goods to local communities and helping local businesses bring their products to market. While some shortline railroads operate scenic and exciting passenger tours, the majority generate revenue from mining operations and intermodal transport between Class I railroads. While shortline railroads continue to grow essential operations, it is no secret that shortline railroads are under increasing pressure to reduce expenses as the cost to do business rises. The average Class III railroad in the US has an operating revenue of $5.2 million and considering that many of their fleets are aging quickly, maintaining current operating expenses is easier said than done. Solutions available on the market to reduce operational expenses are simply unaffordable for the vast majority of Class III railroads. By using artificial intelligence and the data that shortlines already have on their fleets, RailVision Analytics is able to save fuel, predict maintenance activity, and improve track safety at a cost that is worthwhile and beneficial for shortlines across North America. (Photo: Conway Scenic Railroad)


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Thursday, July 23rd 2020


Author

Dev Jain

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