Other Reports

An Examination of the Costs and Business Benefits of Positive Train Control

  • 15
  • Dec
  • 1997
AUTHOR: Parsons Brinckerhoff Quade & Douglas, Inc.
SUBJECT: Positive Train Control
KEYWORDS: PTC, Cost/Benefit Analysis, Locomotive Diagnostics
ABSTRACT: The purpose of this study is to provide a preliminary estimate of the business benefits of Positive Train Control (PTC) - a system designed to prevent train collisions and provide a variety of business functions for railroads. An estimate of business benefits is one component of a comprehensive benefit-cost analysis accompanying a rulemaking to determine whether regulations are required for safety reasons to equip all or part of US railroads with PTC. The estimates in this study will be later refined after comment from the PTC Working Group of the Railroad Safety Advisory Committee, combined with estimates of safety and environmental benefits from other studies, and incorporated in a comprehensive benefit-cost analysis as the rulemaking proceeds.