The newly published 2021 Nevada State Rail Plan is unlike any other and holds the promise of a more efficient freight rail industry for the state and the nation.
Now in the public comment period, the plan consummates a year-long immersion by Strategic Rail Finance (SRF) and its affiliated non-profit OnTrackNorthAmerica (OTNA) into the constraints and dynamics of Nevada’s freight system.
The Nevada plan is a future-facing and detailed blueprint for leveraging rail’s inherent benefits for businesses, communities, and the environment. To create the plan, SRF and Nevada DOT:
- Facilitated in-depth dialogue between hundreds of shippers, stakeholders and developers to catalog current and planned transportation projects and infrastructure requirements
- Conducted a deep dive into data on truck movements in and through the state to pinpoint new opportunities for rail growth and improved multi-modal integration, a rail plan first
- Mapped the supply chain for entire industries to reveal synergies for optimized operations and infrastructure
- Laid the groundwork for significant private sector capital to offset the shortfall and challenges of public sector funding for freight transportation initiatives
The approach taken to the Nevada plan is beeing applied to other regions and states . Contact SRF to explore implications for your region.