In 1995, I began studying the infrastructure investment strategies of industry, government, and society. Since then my company, Strategic Rail Finance has coordinated financing for railroad projects in 35 U.S. states. In 2007 I founded OnTrackNorthAmerica, a non-profit transportation policy and planning organization, to share what I have learned for society’s benefit.
What caught my attention in 1995 was the declining use of freight railroads and trains in favor of cars and trucks – despite the inherent energy, capital, and space efficiencies of rail transport. I wondered: why do we continue to invest the lion’s share of public and private capital toward less efficiency rather than more efficiency?
So I have devoted my business and non-profit organizations to turning around the economic principles that we have been relying on to advance major infrastructure systems.