This paper investigates the relationship between railroad bond defaults and nancial outcomes in the National Banking System during the Panic of 1873. Contemporary accounts and anecdotal evidence indicate the importance of a boom and bust in the railroad industry to the onset of the panic. I use comprehensive balance sheet data for national banks before and after the panic, along with detailed G...

The study of railway dynamics is still a productive area research given the rapid technological evolution this transport system regarding load and speed. Morocco no exception to rule, especially after commissioning first high-speed line in Africa. This describes herein an experiment measure vertical transverse accelerations locomotive on railroad connecting two cities Mchraa Ben Abbou Marrakech...

Brazilian railroads are continuously looking to increase their asset performance. In this sense, wheel/rail interface studies have been conducted, which allowed benefits that were not previously considered. Improved contact can significantly reduce maintenance costs, energy efficiency, and operational safety. For rolling stock, wheel consumption usually has the highest cost is among total costs...

The seismic failure behavior of railroad ballasts in response to earthquakes was analyzed using Discontinuous Deformation Analysis.Several sinusoidal waves with different frequencies and accelerations were inputted into the discontinuous numerical model of a railroad ballast ,which consists of an assemblage of polygonal crushed stones,rails,sleepers and a roadbed .The dependencies of railroad f...

Railroad and subway drivers can experience psychological trauma when trains strike or nearly miss other trains, motor vehicles, or persons or become instruments of death. Derailments, collisions, and suicides on the tracks can induce feelings of helplessness, horror, guilt, and anxiety in the drivers. Although some drivers experience acute stress disorder (ASD) or post-traumatic stress disorder...