VitalRail Value Proposition: Difference between revisions
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==== Challenges ==== | ==== Challenges ==== | ||
*The rail industry, government, financial community, and other key stakeholder groups are not | *The rail industry, government, and the financial community, and other key stakeholder groups are not able to work together to achieve breakthroughs that produce real economic and environmental improvements. | ||
*Community relations are piecemeal, missing the opportunity to inspire a groundswell of support for railroads. | *Community relations are piecemeal, missing the opportunity to inspire a groundswell of support for railroads. |
Revision as of 20:15, 2 January 2025
Challenges
- The rail industry, government, and the financial community, and other key stakeholder groups are not able to work together to achieve breakthroughs that produce real economic and environmental improvements.
- Community relations are piecemeal, missing the opportunity to inspire a groundswell of support for railroads.
- Railroads have a weak relationship with capital providers compared to industries with less resilience, importance, and opportunity.
- Progress in adopting new technologies across diverse actors is too slow.
- The current avenues of collaboration are inflexible, cumbersome, and loaded with secondary agendas.
- Rail development has suffered from labor-management relations that are hurtful to all sides.
- Customers, i.e., communities, landowners, developers, and shippers, are often left out of the process of positive change for rail logistics and infrastructure.
- Capital providers are poorly informed and lack a clear understanding of rail-related infrastructure, financial statements, asset values, and industry stability, resulting in undercapitalization and spotty capitalization.
- Economic development professionals are inadequately trained in rail-enabled economic development.
- There is a significant and costly disconnect between public-sector economic development and infrastructure planning, and private-sector business development and logistics.
- Public-sector transportation plans, private-sector logistics strategies, and infrastructure capitalization are project-based, not corridor, regional, and systems-based.
- Railroads operate in a legislative and regulatory environment diminished by outdated, illogical requirements.
Opportunities
- Test
Results
- Test