They're clearly failing.
They're clearly failing.
http://fortune.com/2015/06/04/union-pacific-railroad/
The problem with trains is the last mile: you obviously can't drive them to every store etc that needs a delivery. But the process of loading and unloading containers from ships to trains (and trucks) at ports is getting more and more automated as well.
Then of course a transportation company with 20% profit margin is very likely the result of market failure...
Tangential, but letting (semi) self-driven convoys on the road is quite irresponsible, imagine the headlines if they were to get in an accident.
Truckers would only have to work inside a local area rather than deal with the logistics of long haul routes and drive challenging surface streets rather than the soul numbing monotony of long interstates.
What the mentioned platooning achieves though, is rapid re-grouping once a truck joins or leaves the platoon. Imagine that you save 10-20% of fuel within a platoon (as pointed out in the article), then precise scheduling entering the highway at the right time makes suddenly sense.
Trains can't do that with the same flexibility.