7.12 The Economic Impact of Freight Railroads

1.Freight railroads serve nearly every industrial, wholesale, retail and resource-based sector of the American economy.

2.The operations and capital investment of the freight rail industry has been estimated to support 1.1 percent of U.S. workers.

3.Railroads account for around 1/3 of U.S. exports by volume without which we would not be competitive in the global market.