CLASS I AND II RAILROADS
RII is well versed in the procedural requirements of Class I railroads.
RII has specific experience working for and within Class I railroads. Class I carriers are large-scale organizations with concerns and procedures that are unique from many other stakeholders. They have specific departmental structures, revenue and cost requirements and policies that govern how they communicate, both internally and to outside parties, how they analysis projects to determine what benefits them and how they respond to inquiries. RII is well versed in the procedural requirements of Class I railroads, how departments interact with one another and the larger concerns of return on investment, pricing strategies, public relations, Class I railroad special costs, etc.
- Privatization of national railways
- Branch lines evaluation and operations analysis
- Independent analysis of operations, revenues, economics
- Independent Appraisals by USPAP Standards
- Coordination and mediation with shippers, stakeholders, contractors and special investors on complex projects
- Expert witness services for liability, damages, safety
- Fresh set of confidential eyes
PROJECTS COMPLETED
PROVEN TRACK RECORD OF EXCELLENCE
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North Carolina Railroads Evaluation
This project was an appraisal of 317 miles of track owned by the state of NC and operated by Class I Norfolk Southern Railroad. The appraisal included 3 divisions with different track profiles, over 8,000 acres of property and 47 buildings. The corridor was inspected for condition, inventory and operations, and NCRR’s GIS system was utilized to identify and measure right of way width, sidings, cross-overs, turnouts and crossings along the entire corridor. The appraisal included over 1,500 easements, both by contract and assumed, of numerous types including underground, overhead, longitudinal roadways, etc. and identified additional encroachments for potential revenue seeking and appraisal discounting. The appraisal also included extensive Class I track components on Norfolk Southern’s Piedmont Division on track maintained in condition handling frequent Amtrak trains on its Crescent Line.
