Volume 7, Number 12
This week we look first at Amtrak’s slow pace, then at continued nationwide wrong-think surrounding Amtrak’s new venture into high speed rail; and we wrap up with a guest commentary by our Andrew C. Selden. Read more…
Dr. Adrian Herzog, VP Research, URPA
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.
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by Andrew C. Selden and E. P. Hamilton III
Reprinted with permission from Passenger Train Journal, 1984.
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