The following is the luncheon address by Stan Feinsod from Railway Age magazine’s Passenger Trains on Freight Railroads conference of October 24, 2011.
Regdaring the COMPETITION FOR INTERCITY PASSENGER RAIL IN AMERICA ACT of 2011
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The potential ridership on any given transportation system can be accurately modeled mathematically. We begin by modeling a single route going from location A to location B. Such a non-stop system models non-stop long distance air service and express non-stop rail service. Only two “routes” are possible in such a system, from A to B and from B back to A. One might argue that this represents only one round trip market. However, since the demographics of A and B are often quite different, each direction represents a different market to be exploited.
