Re:The driverless truck is coming, and it’s going to automat...
by mschuster91 on Tuesday April 26, 2016 @05:00PM
(#11575574)
> Once that "last mile" is handled, what else is that truck going to do until the next train shipment arrives? It'll sit doing nothing
If you're a responsible freight truck company, you want to avoid this situation at all costs. There's always cargo that wants to be shipped - the only scarce resources are drivers and tractor units, and some companies even let multiple drivers share the tractors to maximize the usage of their tractors (that really depends on the company though, there are also companies where every driver "owns" his tractor).
> The fact remains we don't have enough rail to service most of the country, and nobody is paying for new rail
Yes, indeed. The beginnings of the stock markets actually were railroad construction companies, but these days the financial markets only care about the next big unicorn and not about creating something with real long term value, which a train track certainly is given that, once the track is laid, the land belongs to the company and the only major investments required are 50-year overhauls and regular maintenance. It's a shame.
If you're a responsible freight truck company, you want to avoid this situation at all costs. There's always cargo that wants to be shipped - the only scarce resources are drivers and tractor units, and some companies even let multiple drivers share the tractors to maximize the usage of their tractors (that really depends on the company though, there are also companies where every driver "owns" his tractor).
> The fact remains we don't have enough rail to service most of the country, and nobody is paying for new rail
Yes, indeed. The beginnings of the stock markets actually were railroad construction companies, but these days the financial markets only care about the next big unicorn and not about creating something with real long term value, which a train track certainly is given that, once the track is laid, the land belongs to the company and the only major investments required are 50-year overhauls and regular maintenance. It's a shame.