Re: More on that tourist line in Rhode Island.... Idealistic dreams, and some good train video...
Author: FUD
Date: 02-01-2025 - 09:20
Good points. ISTR Kneiling rambling frequently (in his columns in Trains) about 'sold ton-miles' and the cost of generating same being the only truly useful statistics. Just 'ton-miles' (equivalent to seat-miles) is easily done by running around empty, but doesn't necessarily produce revenue. Then again, capacity in raw ton- or seat-miles is necessary to do the job, and generates the cost.
Wall Street dotes on the operating ratio for railroads. Maybe somebody needs to calculate the operating ratio for freeways?