Class I Railroad Statistics

Similar documents
Evolution of Rail Related Energy Markets. The Energy Forum New York, NY March 18, 2013

Revenue Freight Traffic Statistics for the Major North American Railroads. Weekly Railroad Traffic

The U.S. Freight Railroad Industry. Ohio Conference on Freight Toledo, Ohio September 21, 2011

Norfolk Southern Corporation Weekly Merchandise, Intermodal and Coal/Coke Car loadings Week 26 (Q2) From: To:

National Conference of State Legislatures. Minneapolis, Minnesota August 20th, 2014

Analyst: Meilin C. Pierce Spring Recommendation: Hold Target Stock Price (12/31/2016): $120

Kentucky Transportation Conference January 22, 2015

ECONOMIC AND FISCAL IMPACT ANALYSIS OF CLASS I RAILROADS

Economic Impact Analysis of Short Line Railroads. Louisiana State University - Research Team Dr. Jared Llorens Dr. Jim Richardson Mr.

Rail Industry Overview and Trends

Railroads - The Economy and Trade National Coal Transportation Association Denver, Colorado September 19, 2017

Introduction to North American Rail Transportation

Appendix B. Commodity Flow Profile

Multimodal Transport Institute Forum. Tom Malloy Thoroughbred Direct Intermodal Services. October 11, 2012 Los Angeles, California

Rail Fast Facts For Operations Number of freight railroads 25 Freight railroad mileage 2,552

NAFTA at 20 Infrastructure Overview. Tamara A. Nelsen Senior Director of Commodities Illinois Farm Bureau

CGR TARIFF NO 01b CANCELS CGR TARIFF NO. 01a IN ITS ENTIRETY. CG Railway, Inc.

UNION PACIFIC RAILROAD 2 UNION PACIFIC RAILROAD OVERVIEW

Benchmarking Intermodal Transport in the U.S. and Europe

CGR TARIFF NO 01b Supplement 2 CANCELS CGR TARIFF NO. 01b, Supplement 1 IN ITS ENTIRETY. CG Railway, Inc.

Chapter 3 Missouri Freight System

Introduction... 1 Florida s Rail System... 1 Rail Freight... 3 Rail Passengers... 5 Conclusions... 9

NYMTC Regional Freight Plan Update Interim Plan Task Commodity Flow Analysis

Freight Railroads: Linking Pennsylvania to the World. Rudy Husband Lehigh Valley Planning Commission April 4, 2018 Allentown, Pennsylvania

Central Minnesota. Regional Freight Profile

The Economics and Regulation of the Freight Rail Industry. Third Annual Colloquium. June 16, 2017

The U.S. Freight Railroad Industry: Where We Are in Dan Keen Wichita Ad Valorem Conference July 31, 2018

Darrell Wilson AVP Government Relations The Future of Freight Panel August 26 th, 2014

Test bank Chapter 4. Multiple Choice

RAIL PRICE ADVISOR. The Rail Intelligence Newsletter. AAR Historical Rail Rate Changes are Misleading

Railroads and Grain. Association of American Railroads June Summary

RAILS AND RAIL OEMS A VIEW FROM THE STREET

Railroads and Grain. Association of American Railroads May Summary

BNSF Railway. Moving you Forward

Arkansas Transportation Report

TARIFF BPRR SWITCHING CHARGES

RAIL COMMODITY FLOWS

Trends in the U.S. Rail Network. Mike McClellan Vice President Industrial Products Midwest Association of Rail Shippers July 15, 2014 Lake Geneva, WI

Billions of dollars per year in: Savings in shipping costs Taxes and purchases that support tens of thousands of additional jobs Avoided highway

The Intermodal Connection to Rural America's Resources, Economic Development, and Sustainability

Back to the Future? Moving Intermodal in Mixed Trains

Dennis Leong, Toni Rice, and Kathleen Spencer March 27, 2013

INDIANA HARBOR BELT RAILROAD

1. Reasons for Recommendation

Rail Time Indicators A Review of Key Economic Trends Shaping Demand for Rail Transportation

Managing Change at G&W

Freight Flow Analysis

Arkansas Transportation Report

Market Access and Permit Reform

AUGUST CLOSER LOOK SERIES: Open Top Hoppers SAMPLE

AAR DP & FC CONFERENCE: BRIDGING TO THE FUTURE. Mike McClellan Vice President Industrial Products

PRIVATE EQUIPMENT. Tariff 6.

THE BELT RAILWAY COMPANY OF CHICAGO FREIGHT TARIFF 6004-E (CANCELS FREIGHT TARIFF BRC 6004-D)

JP Morgan Aviation, Transportation & Defense Conference. Wick Moorman Chairman, President and Chief Executive Officer March 6, 2013

What is the Future of the Chinese Railways?

RAIL RENAISSANCE The Changing Dynamics of Freight Transportation. John Miller Group Vice President, Agricultural Products BNSF Railway

Joel Palley Office of Policy Office of Rail Policy and Development Federal Railroad Administration April 2013 FREIGHT RAILROADS BACKGROUND

Railroad Performance: How good can it get?

Overview of America s Freight Railroads

3.0 FREIGHT FLOW OVERVIEW

Update on US Rail Transportation

Appendix A: Class I Railroad Subdivisions

Economics of Coal Transportation: Implications for Railroad and Shipper Strategies

TAPPI Shipping, Receiving & Warehousing Workshop

INTEGRATING DATA AND MODELS FOR ANALYSIS OF FREIGHT MOVEMENTS ON MULTIMODAL TRANSPORTATION SYSTEMS FOR FLORIDA

CHAPTER 6 FREIGHT MOVEMENT

Importance of the Commodity Flow Survey (CFS) in Developing the Freight Analysis Framework (FAF)

Transportation Trends

Genesee & Wyoming. September, Genesee & Wyoming Inc.

Arkansas Transportation Report

PROJECTS. The KIPDA MPO s Central Location

ATTACHMENT A DESCRIPTION OF ERIE LACKAWANNA RAILWAY COMPANY, ITS BUSINESS AND SERVICE

PRIVATE EQUIPMENT. Tariff 6.

E. Cabello Jct. Shawnee Jct. North Platte. Cheyenne. Wichita. Oklahoma City. Amarillo. Lubbock Texarkana. Ft.Worth. San Antonio. Eagle Pass.

The Indiana Rail Road Company

GRENADA RAILWAY LLC FREIGHT TARIFF GRYR 8008 (NEW)

Toledo, Peoria & Western Railway. Toledo, Peoria & Western Railway A Genesee and Wyoming Company

FREIGHT TARIFF KJRY 8000-K. Containing SWITCHING AND MISCELLANEOUS RULES AND CHARGES STATIONS ON THE KJRY IN ILLINOIS AND IOWA.

MARCH 14 TH 2017, 2:00 PM ET WITH

Minnesota Statewide Freight Plan

Challenges and Opportunities for Canada s Freight Railways

A Comparison of Contributions to the Canadian Economy of Key Bulk Commodity Shippers and Rail Freight Carriers

August CLOSER LOOK SERIES: Gondola SAMPLE

AGRICULTURAL PRODUCTS

Rail Freight and Passenger

FDOT FREIGHT PERFORMANCE MEASURES

Minnesota Comprehensive Statewide Freight and Passenger Rail Plan

PUBLIC INVOLVEMENT PASSENGER RAIL FREIGHT RAIL. Executive Summary.

SHIFTING INTERNATIONAL TRADE ROUTES Derrick Smith VP, Emerging Markets January 24, 2014

Efficiencies of Unit vs Manifest Models

HIGH WATER MARK. History First From roughly 1993 to 1998, tie suppliers. Small Market Purchases

This table has been produced by. The State & Regional Fiscal Studies Unit, University of Missouri-Columbia

-16- CHAPTER 3 REVENUE GENERATION INTRODUCTION

Rail Intermodal Keeps America Moving

FLEXIBILITY FOR GROWTH

MAY CLOSER LOOK SERIES: Box Cars SAMPLE

Union Pacific in Houston: Investing to Meet Freight Demands. Brenda Mainwaring, VP Public Affairs, November 12, 2013

Kansas Department of Transportation. Rail Plan Kathleen Sebelius, Governor Debra L. Miller, Secretary of Transportation

THE KANSAS CITY SOUTHERN RAILWAY COMPANY

Railroads and Fertilizer

Transcription:

Class I Railroad Statistics Class I Railroads Class I Railroads are U.S. line haul freight railroads with operating revenue in excess of $266.7 million. Two Canadian railroads, Canadian National Railway and Canadian Pacific Railway, have enough revenue that they would be Class I railroads if they were U.S. companies. Both companies also own railroads in the United States that, by themselves, qualify to be Class I railroads. Two Mexican railroads, Ferrocarril Mexicano and TFM, would also be Class I railroads if they were U.S. companies. The Class I railroads in 2001 are: The Burlington Northern and Santa Fe Railway, CSX Transportation, Grand Trunk Western Railroad, Illinois Central Railroad, Kansas City Southern Railway, Norfolk Southern Combined Railroad Subsidiaries, Soo Line Railroad, and Union Pacific Railroad. Number of Railroads 8 8 Resources Miles of Road Operated Less Trackage Rights 99,250 97,817 Miles of Road Operated 120,597 121,013 Locomotives in Service 20,028 19,745 Freight Cars in Service 560,154 499,860 * Employment Number of Employees 168,360 162,155 Average Wages $57,157 $58,153 Average Total Compensation Including Benefits $77,938 $80,785 2001 U.S. Freight Car Ownership* Class I Railroads 499,860 Other Railroads 125,470 Car Co. & Shippers 688,806 * Canadian-owned railroads, including 3 Class I railroads, are excluded. Janaury 10, 2003 Page 1 of 3 Copyright 2003, Association of American Railroads.

Class I Railroad Statistics (continued) Traffic Carloads Originated (million) 27.76 27.21 Intermodal Units (million): Containers 6.29 6.33 p Trailers 2.89 2.60 p Total 9.18 8.94 p Tons Originated (billion) 1.738 1.742 Ton-miles (trillion) 1.466 1.495 Operating Statistics Freight Revenue Per Ton-Mile 2.257 2.242 Average Tons Per Carload 62.6 64.0 Average Tons Per Train 2,923 3,005 Average Length of Haul (miles) 843.3 858.5 Financial* Freight Revenue (billion) $33.1 $33.5 Operating Revenue (billion) $34.1 $34.6 Operating Expense (billion) $29.0 $29.2 Net Income (billion) $2.5 $2.7 Operating Ratio 85.2% 84.3% Return on Average Equity 7.95% 7.96% p - preliminary n/a - not yet available * A change by one railroad in the 2001 accounting method for sister-company transactions added $0.37 billion in revenue and expenses. Notes Miles of Road is the aggregate length of roadway, excluding yard tracks and sidings, and does not reflect the fact that a mile of road may include two, three, or more parallel tracks. Miles of road operated figures will be higher than mileage owned since more than one railroad can operate the same roadway by having trackage rights. Figures on page 1 include mileage owned in Canada. Excluding double-counting for trackage rights, Class I railroads operate a total of 97,631 miles of the 143,361 mile network in the United States. Freight Cars in Service for railroads includes railroad-owned cars plus cars with a railroad's mark. Freight cars owned by shippers and leasing companies that do not have a railroad mark (including a major leasing company owned by the railroads) are also used by the railroads. A new freight car typically costs between $40,000 and $100,000 depending on the type and features included. Class I railroads paid an average of $43,685 for a new freight car in 2001. Carloads, as reported here and in Freight Commodity Statistics, include intermodal traffic and will differ from the AAR's Weekly Railroad Traffic which segregates intermodal traffic from carloads and does not December 20, 2002 Page 2 of 3

Class I Railroad Statistics (continued) Type of Freight Carried for Year 2001 Tons Originated Gross Revenue % of % of Commodity Group (000) Total (million) Total Coal 801,013 46.0 % $8,181 22.7 % Chemicals & allied products 151,141 8.7 4,548 12.6 Farm products 137,026 7.9 2,741 7.6 Non-metallic minerals 122,739 7.0 945 2.6 Food & kindred products 97,945 5.6 2,579 7.2 Misc. mixed shipments* 91,963 5.3 4,581 12.7 Metals & products 54,257 3.1 1,358 3.8 Stone, clay & glass products 46,485 2.7 1,090 3.0 Lumber & wood products 45,729 2.6 1,519 4.2 Petroleum & coke 40,744 2.3 971 2.7 Waste & scrap materials 37,484 2.2 685 1.9 Motor vehicles & equipment 34,533 2.0 3,471 9.6 Pulp, paper & allied products 33,549 1.9 1,457 4.0 Metallic ores 24,829 1.4 288 0.8 All other commodities 22,531 1.3 1,651 4.6 Total 1,741,967 100.0 % $36,063 100.0 % * Miscellaneous mixed shipments (STCC 46) is mostly intermodal traffic. Some intermodal traffic is also included in commodity-specific categories. 2001 Class I Railroad Tons Originated Chemicals Farm products Non-metallic minerals Food & kindred products Coal Misc. mixed shipments Metals & products Stone, clay & glass Lumber & wood Other commodities August 26, 2002 Page 3 of 3

U.S. Freight Railroad Statistics Number of Railroads 560 571 Operating Statistics Miles of Road Operated Less Trackage Rights 144,785 142,944 Miles of Road Operated 170,512 171,430 Freight Cars in Service, U.S. Railroad Owned 692,602 625,330 * Freight Cars in Service, All U.S. Owners 1,380,796 1,314,136 * * U.S. owned only, excludes Canadian-owned railroads operating in the U.S. Employment Number of Employees 191,808 184,369 Average Wages $55,965 n/a Average Compensation Including Benefits $76,582 n/a Traffic Carloads Originated (million) 33.00 31.95 Tons Originated (billion) 2.14 2.12 Ton-miles (trillion) 1.53 1.56 Domestic Intercity Traffic: Railroad Share of Tonnage 25.3% 25.5% Railroad Share of Ton-Miles 41.0% 41.7% Financial Freight Revenue (billion) $36.5 $36.7 Domestic Intercity Traffic: Railroad Share of Freight Revenue 9.5% r 9.5% All Domestic Traffic: Railroad Share of Freight Revenue 6.3% r 6.3% r - revised U.S. Domestic Intercity Freight Revenue - 2001 80.4% 9.5% 4.8% 2.4% 2.0% 0.9% Trucks Railroads Domestic Air Oil Pipelines Freight Fwders Water January 10, 2003 Page 1 of 2 Copyright 2003 by the Association of American Railroads.

U.S. Freight Railroad Statistics (continued) U.S. Railroad Ton-Miles (bil) 1,534 390 379 597 579 771 932 1,091 1930 1940 1950 1960 1970 1980 1990 2000 Notes Miles of Road is the aggregate length of roadway, excluding yard tracks and sidings, and does not reflect the fact that a mile of road may include two, three, or more parallel tracks. Miles of road operated less trackage rights, which eliminates double-counting caused by more than one railroad operating the same track, is the measure of the rail network. Excluding trackage-rights, U.S. railroads operate 142,944 miles, including 142,633 in the United States. Canadian railroads operate an additional 728 miles in the U.S., making the U.S. network a total of 143,361 miles. Freight Cars in Service for railroads excludes freight cars owned by leasing companies that do not have a railroad mark (including a major leasing company owned by the railroads) and shippers all of which are used by the railroads. Carloads shown here uses the Surface Transportation Board's Freight Commodity Statistics and the AAR's Profiles of U.S. Railroads survey as sources, and will not match the total carloads reported in Railroads and States which uses the Carload Waybill Sample as a source. Railroad Market Share is based on data from the Eno Transportation Foundation's Transportation in America. January 10, 2003 Page 2 of 2 Copyright 2003, Association of American Railroads.

North American Freight Railroad Statistics North American Railroads With the exception of freight cars, statistics include all U.S. railroads, the two largest Canadian railroads, and the two largest Mexican railroads. Freight car figures include all railroads and all owners. The tons and carloads originated may contain some double-counting on freight that was re-billed as it crossed the U.S.-Mexican border. Resources Miles of Road Operated Less Trackage Rights 172,992 n/a Miles of Road Operated 201,658 n/a Freight Cars in Service, Railroad Owned 844,459 n/a Freight Cars in Service, All Owners 1,573,527 n/a Employment Number of Employees 236,234 n/a Traffic Carloads Originated (million) 37.84 n/a Tons Originated (billion) 2.40 n/a Ton-miles (trillion) 1.76 n/a Financial Freight Revenue (billion) $42.1 n/a n.a. - not yet available Major North American Railroads By 2000 Revenue (million U.S. dollars) $10,539 $9,200 $6,159 $6,075 $3,653 $2,470 $641 $556 $522 UP BNSF NS CSX CN CP TFM FXE KCS April 4, 2002 Page 1 of 2

North American Freight Railroad Statistics (continued) Major North American Freight Railroads BNSF CN CP CSX FXE KCS NS TFM UP The Burlington Northern and Santa Fe Railway Canadian National Railway Canadian Pacific Railway CSX Transportation Ferrocarril Mexicano (a subsidiary of Grupo Ferroviario Mexicano) Kansas City Southern Railway Norfolk Southern TFM (a subsidiary of Grupo Transportación Ferroviaria Mexicana) Union Pacific Railroad Freight Cars in Service in North America January 1, 2002 Car Total Railroads Companies All Owners Class I* Other & Shippers Canada 190,722 142,545 14,944 33,233 Mexico 33,815 18,434 7,858 7,523 United States 1,314,136 499,860 125,470 688,806 Total 1,538,673 660,839 148,272 729,562 * For Canada and Mexico, "Class I" railroads exceed the revenue threshold and would be Class I railroads if they were U.S. railroads. Canadian-owned U.S. railroads are included in the Canadian figures. September 25, 2002 Page 2 of 2