Saturday, March 04, 2006

Cost-Benefit Analysis of Truck to Rail Conversion

The Ergosphere has a post evaluating the costs of replacing interstate shipments by tractor-trailer rigs with interstate shipments by rail.

According to Engineer Poet, shipping items by truck costs ten times as much as shipping items by rail and we the costs of converting from trucks to rails would pay for itself in 14 years.

Of course, these funds come from two different sources. The government would have to pay the costs of the conversion to rails while shipping companies, retailers and ultimately consumers currently pay for the status quo shipping costs.

The consumer is also the taxpayer, but convicing Americans of the wisdom of Engineer Poet's plan would be no small feat.

Still, the energy independence aspects alone merit a review of Engineer Poet's proposal.

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