VitalRail Value Proposition

From OnTrackNorthAmerica

Challenges

  • The rail industry, government, financial community, and other key stakeholder groups are not working together to achieve breakthroughs that will result in real economic and environmental sustainability 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  • Railroads operate in a legislative and regulatory environment diminished by outdated, illogical requirements.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