Abstract
Regional cooperation in rail transport can help participating countries diversify their trade patterns. Improved rail transport can also help attract foreign direct investment, increase participation in global production networks and the scale of related trade in manufactured goods, and diversify exports. Improved rail infrastructure will increase global competitiveness and spur economic development. In addition, improved rail infrastructure will help regional cooperation and integration through improved connectivity between people, goods and services. The operation is carried out by a railway company, providing transport between train stations or freight customer facilities. Power is provided by locomotives which either draw electric power from a railway electrification system or produce their own power, usually by diesel engines or, historically, steam engines. Most tracks are accompanied by a signalling system. Railways are a safe land transport system when compared to other forms of transport. Railway transport is capable of high levels of passenger and cargo utilisation and energy efficiency but is often less flexible and more capital-intensive than road transport, when lower traffic levels are considered. Railways are a climate-smart and efficient way to move people and freight. Keywords: railway, transport, improvement, transportation, transit, passenger, development, delivery, traffic, technology, vehicles.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: PIRETC-Proceeding of The International Research Education & Training Centre
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.