Freight rail ensures that other U.S. industries can be major players in the global economy and that consumers have an abundance of options at the store.
How? By hauling everything and anything at highly competitive rates.
- Steel and steel-related commodities.
- Power generation commodities.
- Drilling-related and crude oil commodities.
- Building and construction raw materials and products.
- Agriculture products.
- Automobiles and automobile parts.
- Anything that can fit inside an intermodal container, from consumer electronics to canned goods.
The ability of railroads to provide essential transportation for other industries has a profound economic impact. Towson University’s Regional Economic Studies Institute (RESI) found that freight rail created $274 billion in economic activity, generated nearly $33 billion in state and federal tax revenues and supported nearly 1.5 million jobs nationally in 2014 alone.