Freight Rail’s Powerful Economic Impact
Whether selling and building automobiles and houses, powering businesses or enabling manufacturers to reach new customers, American industries rely on freight rail to get raw goods and products to market in the U.S. and beyond.
The net impact is profound, with railroads triggering a powerful economic ripple across a myriad of U.S. industries.
Railroads make consistently high investments, and the results are impressive:
- High-paying jobs within the industry.
- Additional jobs that are supported by the industry.
- The connection of a wide swath of industries and consumers to the global market.
- And the growth of local communities because of the infusion of sizeable funds into the market and government budgets.
These benefits come at a savings of billions of dollars each year for taxpayers because America’s freight railroads operate overwhelmingly on infrastructure that they own, build, maintain and pay for themselves.