On October 3rd, 2013, for the Chartered Institute of Logistics and Transport in Australia, Glen Weisbrod, President of EDR Growth, presented a webinar on "High Speed Rail, Regional Rail, and Economic Growth." Weisbrod discussed the relationship between economic growth and investment in both high speed rail and regional rail services. The most notable aspect of his presentation was the framing of rail transport investment in terms of strategic economic development, rather than just the traditional counting of time and cost savings.
Weisbrod also examined how high speed rail service can affect access and connectivity relating to specialized labour markets, international business markets, tourism markets and business clusters. He covered different ways that high speed rail service can affect economic growth at local and regional levels, with examples from the US and Europe. Finally, there was discussion of how emerging global trends are increasing the importance of these factors, as well as complementary investment in local connector service.