The Shellpot Bridge: A Public/Private Partnership That Worked
The Shellpot Bridge is a 536-foot swing bridge located on a rail freight bypass route around Wilmington, Delaware. When the bridge failed in 1994, Conrail, then the bridges owner, elected not to repair it due to declining freight volume. The State of Delaware reached agreement with the new rail owner, Norfolk Southern Corporation, to provide funds to repair the bridge, with the railroad to pay tolls to repay the states investment. Recent volumes of traffic over the bridge indicate that, if traffic continues at its current level, Delaware will realize an annual return of 9.75% on its investment.
Year of publication: |
2008
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Authors: | Resor, Randolph R. ; Blaze, James R. ; Campbell, David W. |
Published in: |
Review of Network Economics. - De Gruyter, ISSN 1446-9022, ZDB-ID 2139394-1. - Vol. 7.2008, 1
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Publisher: |
De Gruyter |
Saved in:
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