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The Shellpot Bridge: A Public/Private Partnership That Worked

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Author Info
Randolph R. Resor () (United States Surface Transportation Board)
James R. Blaze (ZETA-TECH Associates, Inc., Cherry Hill, NJ)
David W. Campbell (Delaware Transit Corporation, Wilmington, DE)
Abstract

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 bridge's 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 state's 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.

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Publisher Info
Article provided by Concept Economics in its journal Review of Network Economics.

Volume (Year): 7 (2008)
Issue (Month): 1 (March)
Pages: 95-110
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:rne:rneart:v:7:y:2008:i:1:p:95-110

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Web page: http://www.rnejournal.com

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Related research
Keywords: railroads; partnerships; government; infrastructure; investment; Delaware;

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This page was last updated on 2009-12-12.


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