Freight Rail Means Progress in Magnolia State
Growth in Mississippi auto manufacturing, shipbuilding and the energy sector are just a few examples of economic development facilitated by freight rail in the Magnolia State. With freight volumes forecast to increase approximately 50 percent by 2040 and a scarcity of funds for highway upkeep and improvements, the benefits of robust infrastructure investments by freight railroads are clear to see.
Mississippi’s 24 freight railroads operate over 2,384 miles of track and employ 1,833 in the Magnolia State.* It would have taken approximately 6.8 million additional truckloads to move the 122.5 million tons of freight that moved by rail in Mississippi in 2014. Chemicals and motor vehicles and equipment comprise the majority of freight rail shipments beginning in Mississippi. Chemicals and farm products are the largest rail imports to the state.
New award given to chairman and ranking member of the Senate Commerce Committee for demonstrated commitment to U.S. rail. Washington, D.C. — The Association of American Railroads…
[inlinetweet prefix="#trade:" tweeter="" suffix=""]“Without freight railroads, American industry and consumers could not participate in the global economy anywhere near as fully as they do today.”[/inlinetweet]…
[inlinetweet prefix="#RailSafety:" tweeter="" suffix=""] The latest safety statistics are in, and 2016 marked the lowest train accident rate on record for freight railroads.[/inlinetweet] Washington, D.C. —…
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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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