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High-Speed Rail Is an Unprofitable Train Wreck
Wendell CoxOne of the most frequently mouthed claims about high-speed rail is that it is enormously profitable. Judging by the claims made by proponents, you might wonder why all the world s capital has not beaten a path to the station. Some of the wildest profit claims have been made by board members and staff of the California High ...
New South Dakota Measure Favors Railroads Over Private Property Rights
John W. SkorburgRailroads operating in South Dakota will have an easier time seizing private property under state Senate Bill 174, which became law July 1. Proponents say the law will improve the state's bulk commodity transportation system, but opponents say it threatens property rights. Opponents tried to keep the bill from becoming law ...
Chicago Mayor Puts Brakes on 'Super Station' Project for Now
Steve StanekAfter spending $213 million, the City of Chicago has decided to suspend indefinitely construction of an underground " super station" for express train service to and from the city's major airports and downtown. Mayor Richard M. Daley (D) announced he would pull the plug on further construction in June, blaming outdated track-switching ...
Iowa Takes Up Transportation Finance Reform
Amy K. FrantzIn December, the Iowa Department of Transportation (IDOT) issued its "Study of Iowa's Current Road Use Tax Funds (RUTF) and Future Road Maintenance and Construction Needs" to the Iowa legislature. For the 20-year period from 2005 to 2024, according to the report, the state will need to spend $67.2 billion on Iowa's public ...
Cities, States Welcome Private Firms into Public Transportation Projects
Geoffrey F. SegalWith highway transportation networks in dire need of investment, either to keep from crumbling or address congestion, promising developments that offer fresh thinking to address the challenges recently have appeared. These developments feature a growing role for the private sector, as demonstrated by a wave of laws allowing ...
Analysis: Highway Tolling, Private Roadway Financing Gain Support in States
C. Kenneth OrskiAccording to author Malcom Gladwell, an idea can lie dormant for a long time and then suddenly catch on when the right stimulus comes along. Spreading rapidly like a virus, the idea soon becomes part of the mainstream and turns into a powerful agent of change. Gladwell called this phenomenon "the tipping point." It looks ...
Private Consortium to Help Ease Atlanta's Traffic Woes
Benita M. Dodd and Robert W. PooleCommuters in Georgia's metro Atlanta region are moving closer to congestion relief with the historic approval by the State Transportation Board of a letter of intent (LOI) to negotiate a public-private initiative (PPI) for transportation improvements in the crowded Interstate 75-575 corridor. The LOI, approved in December 2005 ...
California Law Provides Lessons for Private Transportation
Steve StanekPrivate toll roads are in much wider use in some parts of Europe and Asia than in the United States, but private funding to help solve traffic congestion may soon become more common here, according to University of California, Irvine professors Marlon G. Boarnet and Joseph F. DiMento. Boarnet and DiMento made the prediction ...
Federal Highway Bill Still in Limbo
Paul J. GessingThroughout the summer, 75 U.S. House and Senate conferees--the largest conference committee in federal government history--have been working feverishly to hammer out a new, six-year federal transportation spending plan. Agreement on the bill's final size and shape has remained elusive, and Congress has instead passed a series ...
Texas offers up big, bold transportation vision
Wendell CoxVision looms large in American history. John F. Kennedy’s took us to the moon. Ronald Reagan’s led to the end of the Soviet Union. Dwight D. Eisenhower’s produced the Interstate highway system, which has done so much to make this nation one and to fuel its unparalleled economic growth. But in the increasingly politicized ...
An Analysis of Affordable Transportation Options for Austin:Summary
Wendell Cox7615 ...
An Investment Analysis of the Kansas Highway System
John Semmens and Myron Calhoun5787 ...
An Investment Analysis of the Kansas Highway System
John Semmens and Myron Calhoun5786 ...