Private Sector Rail Investments Drive Economic Development in North Star State
Responsible for over a quarter million Minnesota jobs and $40 billion of the state’s gross domestic product, freight rail plays a huge role in Minnesota’s economic success. Railroads’ support for Minnesota agriculture, industry, forestry, mining and more adds an estimated $2,000 to the average Minnesotan’s income – or more than $5,000 per household.
Minnesota’s 19 freight railroads operate over 4,292 miles of track and employ 4,566 in the North Star State.* It would have taken approximately 15.5 million additional truckloads to move the 278.1 million tons of freight that moved by rail in Minnesota in 2014. Metallic ores and intermodal shipments comprise the majority of freight rail shipments beginning in Minnesota. Coal is the state’s largest import.
Hamel, MN — Senator Amy Klobcuhar (D-MN), a member of the Senate Commerce, Science and Transportation Committee, which oversees railroad policy, joined representatives from Loram Maintenance…
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in rail rates, 1981-2014.
That means the average rail customer today can ship nearly twice as much freight for about the same price it paid more than 30 years ago.
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