Print

Jun 16 2016

USA - Freight railroads have great impact on economies

The spending by the USA's seven largest railroads created USD 274 billion in economic activity, generated USD 33 billion in tax revenues and supported 1.5 million jobs nationally in 2014 alone, according to the latest report published by the Association of American Railroads (AAR).

Significant capital investments by railroads and the steady presence of a coast-to-coast network that can reliably deliver goods at a cost effective rate generates a ripple effect seen in the AAR study. Read more

 

 

Source: ITJ