United States Department of Transportation
i
Freight railroads background.
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2015-04-01
[PDF-108.93 KB]
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Abstract:In 2013, the Class I railroad freight industry generated a record $72.9 billion in revenue.
The seven Class I railroad systems account for nearly 95 percent of the industry’s total
revenue.1
The railroad industry produced 1.7 trillion revenue ton-miles, a unit of
measurement that incorporates both weight and distance, reflecting an increase of 1.6
percent over last year and its highest level since the 2008 peak.
Flexibilities from the Staggers Rail Act of 1980 initially led to reduced rates for shippers,
adjusting for inflation. Staggers also led to enhanced railroad maintenance and capital
expenditures on track and rolling stock. Railroad productivity increased substantially as
more freight moves over a smaller network with a smaller workforce.
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