The Transportation Planners of LTK offer a broad spectrum of strategic planning services, including development of business plans, facility plans, marketing strategies and capital program development support. Capital program development often requires making difficult choices amongst alternative improvements; LTK’s Operations Analysis & Simulation group supports these efforts through computer modeling. This includes quantification of operational benefits of competing capital projects, assisting rail operators in determining the “biggest bang for the buck”.
Strategic Planning also includes development of future fleet plans, assisting rail operators in determining the optimal number of new vehicles to acquire. Often this assistance will help the agency determine how many options (and for what quantity) should be included in vehicle procurement contracts. For vehicle contracts already in force, LTK’s strategic planning can help rail agencies determine whether or not to exercise a given option.
LTK Transportation Planners typically examine diverse transportation and economic data from rail agencies, regional planning agencies, business organizations, local universities, states, the Federal Transit Administration (FTA), the US Bureau of Labor Statistics (BLS) and other sources as part of future capital improvements strategies. Additional strategic planning efforts associated with fleet sizing include:
- Review of detailed historical ridership data and ridership projections; current ridership by line, station, direction, time of day; peak period consists and load factors; current parking capacity and demand; planned parking expansions; capital programs for track, power (where applicable), stations, signals.
- Existing vehicle fleet - fleet size, age and composition; available fleet considering maintenance spares and rehabilitation programs; capacity of new cars.
- Operational constraints - Constraints on consist lengths and/or service frequency such as platform lengths, yard track configuration, traction power limitations (where applicable) and signal system capacity.