A conceptual development strategy for rail freight in Sri Lanka

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Date

2023-08-26

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Sri Lanka Society of Transport and Logistics

Abstract

Due to the inability of the rail industry to compete, road transport has become the preferred mode of freight movement in Sri Lanka. However, road transport has reached a bottleneck and is seeking an alternative freight transportation solution. Thus, the development of rail freight in Sri Lanka is a current necessity, as rail freight is widely utilized for freight transportation worldwide. As a result, a strategy must be developed with the utmost care, as it will have far-reaching effects and require substantial investments. To develop strategy for Sri Lanka, a mathematical model-based approach based on global learning has been chosen.

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Keywords

Railway, Freight, Strategy, Quantitative Model, Global

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