Railroads Versus Trucks: The One Willing To Invest In Innovation Is Likely To Win - News Summed Up

Railroads Versus Trucks: The One Willing To Invest In Innovation Is Likely To Win


Railroads have a long history of experimenting with alternative fuels and new locomotive technologies in the search for better fuel efficiency, lower greenhouse gas emissions, and lower operating costs. The program’s success has led to a SuperTruck II program, with a goal of doubling truck fuel efficiency. The bottom line for railroads: They are facing a competitor that is aggressively working across multiple technologies to reduce operating costs. Without operational and technological innovation, railroads could see their competitiveness erode over a larger share of their traffic base. But have railroads prodded, looking to pursue the several technologies that might be worth a first or second look.


Source: Forbes September 26, 2017 12:33 UTC



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