List of class 1 railroads by revenue. Maryland Department of Transportation.

com. 6 million. Intermodal Terminals: The first rail terminals were established in the 19th century during the peak of railroad development. The Surface Transportation Board on April 5 adopted a final rule, EP 763, effective June 4, 2021, to amend railroad classification operating revenue thresholds. b Estimates from 1980 to 1989 come from the Association of American Railroads using ton mile values from the Surface Transportation Board’s Waybill Sample. multiple stakeholders, freight railroads will deliver a more sustainable future for all. Vantuono , Editor-in-Chief. 828 billion, down 12% from the prior-year period’s $6. Class 1 railroads are usually much larger and have access to more resources. freight railroads generated some 1. To understand the strategic and geographic implications of this very important business deal, we must first go back in time. Genesee & Wyoming Inc. 2 million but less than $489. 5 million. • Lower Greenhouse Gas Emissions: Greenhouse gas emissions are directly related to fuel consumption. Class I railroads — BNSF, CN (GTC), CPKC, CSX, NS, and UP — provide AAR rail traffic data with far more commodity detail than the weekly or monthly traffic data discussed above. Feb 26, 2024 · While Warren E. 0%. July 1: The property of the independent Chicago, Cincinnati and Louisville Railroad, which entered receivership on February 14, 1908, [1] is conveyed to the Chesapeake and Ohio Railway of Indiana, [2] a subsidiary of the Chesapeake and Ohio Railway. The Class I threshold is $250 million, adjusted for inflation since 1991. They also have the greater financial capacity and better technology to serve the needs of their customers. It was reorganized as the Genesee & Wyoming in 1899. Freight Cars In Service* January 1, 2009 U. Maryland Department of Transportation. Canadian Pacific Railway6. 9 billion in 2018), with only its chief competitor in the west, Union Pacific, rivaling it in terms Mar 1, 2021 · The average operating ratio stood at 60. 1-8 of this report because FRA inspectors may visit more than one Class I railroad in a day. These railroads had revenue over $1,000,000 per year, and does not include terminal railroads. Rail Group News offers news and analysis from Railway Age, IRJ and RT&S by email. In 2023, BNSF was the leading North American railroad company, with close Apr 5, 2021 · STB Amends Railroad Classification Thresholds. October 1: The Gateway Western Railway is merged into the Kansas City Southern Railway, its parent since 1997. This list is a compilation of 'last runs', starting with Union Pacific in 1959, up to today. - According to the Association of American Railroads, prior to 1956 this defined a carrier which earned at least $1 million in annual operating revenue. One of six North American Class I railroads, BNSF has 36,000 employees, [1] 33,400 miles (53,800 km) of track in 28 states, and over 8,000 locomotives. The G&WV opened in 1894 from Retsof to a location known as P&L Junction near Caledonia (14 miles). 7% of transportation- Since railroads are four times more fuel efficient than trucks, double stacking has helped reduce greenhouse gas emissions while significantly increasing intermodal efficiency for the industry and customers. Source: Surface Transportation Board The term "Fallen Flags" describes those railroads whose corporate names have been dissolved through merger, bankruptcy, or liquidation. $40,626 - $51,674 a year. In 1989, he took a job opportu Mar 2, 2024 · All financial data are reported in Canadian dollars unless otherwise stated. Several are just paper railroads owned by another. [2] ). Buffett, Chairman/CEO of BNSF parent company Berkshire Hathaway Inc. 8 million people — more than any other industry. Up until the late 1980s, there were dozens of Class I Railroads: Annual Operating Revenue in excess of $1,053,709,560. 4 billion cubic feet capacity. railroads operated around 254,000 miles and employed 1. EP 724 (Sub-No. ” Class II railroads have operating revenues between $36. Rail mileage had already peaked (in 1916), and rail employment would soon (around 1920). Alabama and Gulf Coast Railway (AGR) Alaska Railroad (ARR) Buffalo and Pittsburgh Railroad (BPRR) Central Oregon and Pacific Railroad(CORP) Evansville Western Railway (EVWR) Weekly Rail Traffic for June and the Week Ending June 29, 2024. Sep 6, 2022 · WASHINGTON — Five of the seven Class I railroads operating in the U. 1 Class II and Class III railroads (collectively referred to as “short line railroads”) play a critical role in originating and terminating goods transported by rail. The acquisition will reduce the number of big “class 1” North American railroads from May 7, 2024 · Members of the Railroad Clearinghouse (RCH) should refer to Railroad Clearinghouse Settlement Regulation 3. 2 million and $489. 202-245-1760. (Source 1) Class III (Shortline) Class III railroads (usually called Shortlines), are the smallest railroads. In a typical year, U. Apr 1, 2015 · Note: The Board issued a final rule in Petition for Rulemaking to Amend 49 C. These carriers will notify the Board only if the calculation results in a different revenue level than its current classification. b Operating expenses include equipment, joint facility rents, leased roads and equipment, and all taxes except Federal income. Two of the copies must be filed with the Surface Transportation Board, Office of Economics, Environmental Analysis, and Administration, 395 E Street, S. CPKC. 2 million. Current Class II railroads. Two Canadian railroads, CN and Canadian Pacific, have enough revenue that they would be U. railroad workers. 21-39. The Board found that five Class I railroads (BNSF Railway Company Class II Railroad – often called a “regional railroad. 4 points since 2012. In 2020, the U. 9%. (The Class I threshold is Mar 23, 2021 · Weather dents February’s rail volumes and could impact first-quarter results. 00%↑ specifically - the first Class 1 Railroad that Hunter Harrison worked at - as well as the revenue & cost drivers which will influence the railroad industry’s growth for the next generation. Washington, D. (not Class I) and subsidiaries, including Fox Valley and Western Ltd. Thus, railroads must focus on revenue growth to supplement cost reduction initiatives. How are Class 1 railroads different from other types May 25, 2023 · Class 2 railroads are often referred to as regional railroads, while Class 3 railroads are known as short line railroads. 17 18 Class II and III railroads reinvest an average of 25% to 33% of annual revenues in capital expenditures and Mar 26, 2024 · An example of this is the [[ Reading Blue Mountain and Northern ]] railroad, which operates in the eastern half of Pennsylvania. Inadequate funds led to unsafe track conditions, with over 47,000 miles operated at reduced speeds by 1976. Much 1910. Get the latest information and news about the North American freight rail industry from the AAR, including rail traffic, policy positions and 101 overviews. The request — formally outlined in the Section 6 notice issued last Friday [see “Freight railroads issue bargaining notice to unions to launch new rounds North American railroad companies' revenue ton-miles (RTM) 2023. 5 million carloads of grain. rail intermodal volume was 13. July 1: The first year of classification by operating revenue begins. Growth is the major driver of sustained total shareholder return across industries and over the long run. 4 million. affiliate of Canadian Pacific), and Union Pacific. Rail roads are classified as I, II or II based on annual revenue with a "Class I" having at least (approximately) _____ in revenue, which leaves approximately Class I railroads. Canadian National Railway7. CSX can trace its roots all the way back to 1827 when the B&O Railroad was first chartered. With annual adjustments for inflation, the 2019 thresholds were US$504,803,294 for Class I carriers and US Facility Maintenance Technician I. , 3. Class III railroads: annual operating revenue of less than $39. Louis Railroad. Operating ratios have been improving for years and are down 10. This is the entry level of maintenance and construction work on facilities such as bridges, buildings, bulkheads, highways, parking areas, piers, railroads,…. Class I Railroads are line haul freight railroads with 2008 operating revenue in excess of $401. 194 million but less than $505 million. KEY: kWh = kilowatt-hour; N = data do not exist. 5 million units, and intermodal accounted for approximately 27% of revenue for major U. railroad in 1825, freight railroads have played a crucial role in the economic growth of the United States. 3% and four of the seven Class I systems reported lower revenue. ” This revenue limit is Jul 9, 2024 · North American railroad companies by revenue 2023. May 22, 2021 · Class I railroads: annual operating revenue over $489. dollars)* Premium Statistic Freight revenue by commodity - Union Pacific Corporation 2022 The Association of American Railroads (AAR) has defined the lower bound as 350 miles (560 km) of track or $40 million in annual operating revenue. Canadian National Railway. Canadian National Railway ( NYSE: CNI) has been my top pick among Class 1 railroads and, as such, it makes up around 7% Oct 10, 2023 · The company began humbly as a small short line incorporated in 1891, the Genesee & Wyoming Valley Railway. 5 for authority and time limits concerning the Right to Offset. Feb 27, 2024 · Union Pacific Railroad's freight revenue from FY 2011 to FY 2023 (in million U. Based on freight revenue, BNSF Railway, Union Pacific Corporation, CSX Corporation, and Norfolk Southern were consistently ranked among the top 20 worldwide freight firms in 2020. 2d 625 (1992), the Board's predecessor, the Interstate Commerce Commission, raised the revenue classification level for Class I railroads from $50 million (1978 dollars) to $250 million (1991 dollars), effective for the reporting year beginning January 1, 1992. dollar cents. 7%. Together, they account for 69 percent of all track mileage and employ 90 percent of U. 38559, Railroad Classification Index, (ICC served January 20, 1983), modified the reporting requirements for Class II, Class III and Switching and Terminal Companies. 4 trillion revenue ton-miles of The Waybill Sample represents all major U. CSX. Sep 16, 2021 · Top Railroad Stock #2: CSX Corporation (CSX) 5-year expected annual returns: 5. As part of its jurisdiction, FRA categorizes all track in six classes, segregated by maximum speed limits. freight railroads move around 1. , Joint Petition for Rulemaking with Respect to 49 CFR part 1201, 8 I. Full-time. 6 million or less. class I railroads - Number of carloads transported by commodity 2009 Year-on-year change in weekly rail freight traffic in U. This content is for paid subscribers only. logged $1. The classes again are broken up via annual revenue, with Class II railroads making anywhere from $40 million up to the Class 1 threshold, and Class III railroads' annual revenue any number below Class 2. the 1,500 U. [2] Nov 20, 2020 · According to the Association of American Railroads, “US Class I Railroads are line haul freight railroads with 2014 operating revenue of $475. Sep 6, 2022 · By comparing STB’s cost of capital figure to the 2021 ROIs—calculated from data reported in the carriers’ Annual Report R-1 Schedule 250 filings—a revenue adequacy figure has been determined for each of the Class I’s in operation as of December 31, 2021. Please refer to the Definitions tab for the details of how CPKC’s performance metrics Sep 7, 2021 · 09/07/2021 (Tuesday) [ PDF Version] No. , & Wisconsin Central Ltd. Form STB-54 requires Class I railroads to report the number of cars loaded and terminated, by car type, during each calendar year and is due 90 days after the end of the reporting year (March 31). Alabama and Gulf Coast Railway (AGR) Alaska Railroad (ARR) Buffalo and Pittsburgh Railroad (BPRR) Central Oregon and Pacific Railroad (CORP) Florida East Coast Railway (FEC) CPKC reports train speed, terminal dwell, and cars on-line on a weekly basis. Weekends as needed + 4. BNSF Railway3. As of early 2023, the North American railroad grain car fleet consisted of around 273,000 cars (owned by railroads and non-railroads) with a 1. The increased profitability came as overall industry revenue was down 2. Class I railroads moved 1. R. Aug 7, 2023 · For second-quarter 2023, BNSF revenue came in at $5. , Name the 7 Class 1 railroads and put an asterisk by the 4 "major" railroads. In Montana Rail Link, Inc. Short line and regional railroads extend the reach of a Class I railroad into markets not located directly along Class I routes. This was a slight drop Jul 18, 2023 · With about 177,200 miles of track in service as part of the interstate railroad system, the railroads and the FRA have their hands full monitoring the system’s condition. Having been in Train Service as a locomotive engineer, he worked his way up to Chief Mechanical Officer. 6 billion tons across nearly 140,000 miles of track. They provide a short-haul connection between the Class I and a customer – or January 1: The Illinois Terminal Company leases the Alton and Eastern Railroad (not Class I), a short piece of the former Chicago, Peoria and St. Class III railroads have earnings of less than $20. The operating ratio at every Class I railroad fell below 65% for the first time in 2019 as the industry average improved to an all-time low of 61. The idea is that a revenue adequate railroad is earning enough to cover the costs of efficient operation, including a competitive return on invested capital. Jul 11, 2024 · U. Class III Railroads : Annual Operating Revenue of less than $47,299,851. May 12, 2020 · Short-line railroads are “looking for commodities that are shipping in a 300- to 750-mile radius that could be transferred over from truck to rail,” Shuba said. Categorizing freight railroads into different classes is useful for regulatory reasons. Norfolk Southern. U. All Class I railroads are required to submit an Annual Report of Cars Loaded and Cars Terminated (Form STB-54). e. 640 billion, reflecting lower volumes of 11%, the Class I reported. Class II’s are defined as: [railroads with] operating revenues between $36. In 2019, intermodal freight contributed the most to overall revenue generated on U. By 1978, the rail share of intercity freight had fallen to 35%. For Class II and III carriers, the Association of American Railroads, the Main article: Railroad classes In the United States, railroads are designated as Class I, Class II, or Class III, according to size criteria first established by the Interstate Commerce Commission (ICC) in 1911, and now governed by the Surface Transportation Board (STB). NOTE: All other accounting rules shall be so construed as to give effect to the spirit and intent of the above Rule 1. The final rule will raise the Class I revenue threshold to $900 million and round the current Class II/Class III threshold to $40. Class II railroads: annual operating revenue between $39. c Data for 2003 indicates operating revenues and expenses instead of total revenues and expenses, the data source has changed. W. However, ever since boilers went cold on Class 1 railroads 50 years ago, steam engines have still been called into service to haul freight. 6 million and $457. greenhouse gas emissions and just 1. freight railroads have Despite stiff coal and agricultural products headwinds in 3Q, the Class I set the following quarterly records: $5. F. When the Class I railroads reported their fourth-quarter earnings results in January, they anticipated favorable volume expectations for 2021. 4 Today, most steamers earn their keep hauling tourists and railfans on short excursions. Oct 8, 2020 · The Washington, D. [EFFECTIVE August 1, 2006] Seven Class I railroads operate in 44 states, the District of Columbia, and parts of Canada and Mexico. BNSF is actually the largest railroad in North America by revenue ($23. The chart above provides 10-year trends for some major rail commodities based on this alternative source of rail traffic data. Class I railroads, bringing in a total of just under Mar 13, 2020 · From 2008 through 2009, Class 1 railroads reduced capital expenditures by 15%. Short Line Railroad: A railroad which is neither a Class I nor a Regional Aug 29, 2023 · The statistic shows the revenue ton-miles of freight for class I railroads in the United States from 2006 through 2020. C. 7 billion in net income in fourth-quarter 2021, a 13% increase from 2020's bottom line, the Class I announced yesterday. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with Kansas City Southern ( NYSE: KSU) were among the key themes expressed Apr 8, 2021 · On March 21, 2021, the Canadian Pacific Railroad announced that it was buying the Kansas City Southern Railroad for $25 billion. Freight railroads use their revenues to cover both operating costs and capital investments. A class 1 railroad is primarily Jun 1, 2005 · Here is a list of the 127 class 1 railroads in the 1950s as defined by the I. Rail industry revenue fell by 50% from 1928 to 1933. This report is required for every class I railroad operating within the United States. FedRelay 1 (800) 877-8339. A Class I railroad company is currently defined as rail lines with a 2016 revenue of at least $447. [1] (. Mar 1, 2022 · BNSF posts record earnings for 2021. Sep 9, 2005 · This is a list of the 127 class 1 railroads in the 1950s as defined by the I. Class I railroads if they were U. Published by Statista Research Department , Jul 11, 2024. , roads earning $1 million in annual railway operating revenue. Still operator of the largest route network of any Class I, Union Pacific is also the only one able to trace its history back to the earliest years of the US railroads Aug 16, 2012 · Graph and download economic data for Revenue Per Freight Ton-Mile, Class I Railroads for United States (M033ACUSM270NNBR) from Jan 1920 to Apr 1956 about railroad, freight, and USA. As of 2021, a Class II railroad in the United States has an operating revenue greater than $39. Kansas City Southern RailwayFrequently Asked Questions (FAQs) about Class 1 Railroads:1. These railroads had revenue over $1,000,000 per year, and do not include terminal railroads. 5% of total U. The pandemic-related collapse of energy prices significantly reduced the price of diesel fuel A class 1 railroad is a freight railroad class used to haul products through long distances with minimum stoppages. Jan 22, 2010 · In “Just Who Was First to Dieselize,” in Diesel Victory (2006), we mentioned 17 U. The Surface Transportation Board (STB) has found five U. , successor to the Green Bay and Western Railroad. [1] January 10: The Duluth, Missabe and Northern Railway leases the Duluth and Iron Range Railroad. Here are the 2021 Class I ROIs (railroads in bold are revenue adequate): BNSF: 13. Class I railroads to be revenue adequate for 2022: BNSF, CSX, Norfolk Southern, Soo Line (the U. average freight revenue per ton-mile in Class I rail traffic stood at 4. . were revenue adequate in 2021, the Surface Transportation Board said on Tuesday. Remember This. 8% in the 1960s. A Class I railroad is considered one of the largest in the network and has an operating revenue of $490 million or more, which is adjusted for inflation each year. Corn is by far the highest-volume grain carried by railroads. Sep 29, 2023 · Published by Statista Research Department , Sep 29, 2023. class I freight railroad company in 2023 Railroad classes are the system by which freight railroads are designated in the United States. Today’s U. Jun 29, 2022 · 1. 4%, down from 61. A railroad is deemed “revenue adequate” when its rate of return on net investment (ROI) equals or exceeds the industry’s cost of capital (COC). companies. Apr 15, 2023 · When it comes to their size and scale, there is a big difference between Class 1 and Class 2 railroads. 8% in the 1960s, culminated in a reduced intercity freight share to 35% by 1978. [2] Jan 1, 1985 · Realistic Revenue Operations for Model Railroads: An Easy-To-Use Class One Operations Program Fully Attainable by the Individual Operator on Even A Paperback – January 1, 1985 In the United States, a Class II railroad, sometimes referred to as a regional railroad, is a railroad company that is not Class I, but still has a substantial amount of traffic or trackage (and is thus not a short line). Union Pacific: $17bn. 7% in the 1950s, and 2. While railcar storage is not a big earner for short-lines, Baker said it does offer another revenue stream for the companies. Total Jul 15, 2022 · In our next article linked below, we shall explore how this radical practice of PSR has applied to CNI 0. Suite 1100, Other Railroads Class I Railroads U. Written by William C. railroads, including all Class I railroads and several short-line railroads. 1% in the 1940s to 2. Oct 23, 2023 · ContentsWhat are the Class 1 Railroads in the US?1. Aug 31, 2023 · Published by Statista Research Department , Aug 31, 2023. railroads, more than any other single rail traffic segment. He began his Railroad career in 1986 at the Mid Atlantic Railroad in Chadbourn N. October 9: The Canadian National Railway acquires control of Wisconsin Central Ltd. Published by Statista Research Department , Jul 9, 2024. 4. Part 1250, Docket No. These are in alphabetical order. See All In News. Operating revenue In the United States, a regional railroad is a railroad company that is not Class I but still has a substantial amount of traffic or trackage (and thus is not a short line railroad ). *Threshold figures are adjusted annually for inflation using the base year of 1991. Several of these are just paper railroads which are owned by another class 1 railroad. The final rule […] Feb 28, 2020 · CSX led Class I railroads in operating ratio in 2019. 20% of their operating revenue into infrastructure, and in 2017, $11. gwrr . 5 billion was budgeted for capital expenditures by Class I railroads. 9% and averaged just 2. S. ( G&W) is an American short line railroad holding company, that owns or maintains an interest in 122 railroads in the United States, Canada, Belgium, Netherlands, Poland, and the United Kingdom; and formerly in Australia. § 1247. American freight railroads make massive investments across the country that enable the most efficient freight rail network in the world, moving the goods that make modern life possible and connecting American businesses to markets from coast to coast and beyond. We would note that the definitions CPKC uses to calculate these performance measures are not directly comparable to the definitions used by other Class 1 railroads and/or the AAR. Dale Parks is Vice President of Mechanical at the Aberdeen Carolina & Western Railway Company. At one time the United States boasted nearly 140 Class I's. 19% Each year, the six U. Maryland. 5 million and $289. Feb 21, 2023 · As of January 2006, a Class I railroad was defined as one that generates revenues of $289. 1 of this report is less than the sum of all the individual Class I railroads’ inspection days cited in II. Study with Quizlet and memorize flashcards containing terms like 1. Union Pacific Railroad was the leading U. 9% in 2019. The Great Depression devastated railroads. Posted 30+ days ago ·. 49 C. “These are light density lines,” Baker said. Regional Railroad: A non-Class I line-haul railroad that has annual revenues of at least $40 million, or that operates at least 350 miles of road and revenues of at least $20 million. 5 The total number of inspection days for Class I Railroads in II. But these actions are not easily replicable. To qualify for the list, the carrier had to be among the 113 railroads that the Interstate Commerce Commission designated as Class 1 in the early 1950s, i. Class I Railroads Ever since the founding of the first U. a Excluding Amtrak and all non-Class I railroads, except for Section IV. Class II Railroads : Annual Operating Revenue of less than $1,053,709,560 and more than $47,299,851. , told shareholders in a Feb. Three copies of this Annual Report should be completed. ” Class III railroads have operating revenues of $36. The minimum yearly operating revenue for a class 1 railroad should be more than $1 million, which is approximately ₱5,51,35,000 or ฿3,46,93,000 in the Philippines and Thailand, respectively. From just 13 miles of track, CSX has grown to cover 23 states and more than 20,000 route miles. They are: Class 1: 10 mph for freight, 15 mph for passenger. 9 million. The rate of return had been falling for decades: it averaged 4. Currently, there are six Class I railroads in North America: BNSF. The Association of American Railroads (AAR) also defines them as "line Sep 6, 2023 · Written by Marybeth Luczak , Executive Editor. Class III Railroad – often called a “short line railroad. By mid-2021, Class I railways had surpassed railroads in the Asia-Pacific area as some of the biggest railroad firms in the world. The STB's current definition of a Class I railroad was set in 1992, that being any carrier earning annual revenue greater 1. Around half of rail intermodal volume consists of imports or exports, reflecting the vital role intermodal plays in international trade. Nov 5, 2019 · WASHINGTON — After hinting at it for months, Class I railroads have officially asked that single-person crews be part of a new national contract with a coalition of a dozen labor unions. Class 1 railroads that dieselized early. The company grew from the Class III Genesee and Wyoming Railroad, founded in 1899. The Surface Transportation Board today announced that is has made its annual determination of revenue adequacy for the Nation’s Class I freight railroads for 2020. Falls Creek Railroad S2 #2/#62 (built as Long Island Rail Road #452), and other Aug 13, 2019 · Berkshire Hathaway/BNSF. What is the significance of being a Class 1 railroad?2. The Surface Transportation Board (Board) today announced the adoption of a final rule to amend the operating revenue thresholds for classifying rail carriers. 24 letter that he “erred” in his 2023 expectations for the Class I railroad, he was “particularly proud of both BNSF’s contribution to the country and the people who work in sub-zero outdoor jobs in North Dakota and Montana winters to keep America’s commercial arteries TECH Associates each undertook an assessment of the capital needs of Class II and Class III railroads for the American Short Line and Regional Railroad Association (ASLRRA). Norfolk Southern Railway5. Union Pacific. 1% in the 1940s, 3. -based Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, recently announced that it made its annual determination of revenue adequacy for United States-based Class I railroads for calendar year 2019. Apr 5, 2021 · Michael Booth. Association of American Railroads. [2] It has three transcontinental routes that provide rail connections between the western and eastern In 2022, U. According to preliminary EPA data for 2022, freight railroads account for just 0. Jul 3, 2024 · LC Holdings for 1950, 1955 - 1961 These studies, based on revenues and costs for a given year, are continuations of past studies to provide a comparison of carload revenues and costs by commodity classes and groups; and the broad purpose is to indicate the extent to which the revenue derived from the several commodity classes and groups exceeds or fails to equal the out-of-pocket costs of Class I Railroad: A railroad with 2021 operating revenues of at least $943. 3 billion in operating revenue, up 5 percent year over year; $1. The improvement in 2020 came despite the pandemic’s significant impact on traffic and revenue. Mar 23, 2023 · The North American freight rail network is operated by seven Class I railroads, 22 regional railroads and over 580 short line railroads. Contact: Michael Booth. 4 million or more each year. The Association of American Railroads (AAR) has defined the lower bound as 350 miles (560 km) of track or $40 million in annual operating revenue. BNSF Railway ( reporting mark BNSF) is the largest freight railroad in the United States. BNSF Railway Co. The same is true for the total number of inspection days for railroads FRA Aug 22, 2011 · 1. 5), amending its railroad performance data reporting rules to include certain chemical and plastics traffic as a distinct reporting category to the Class I railroads’ weekly reporting for the “cars-held” metric. Railroads are assigned to Class I, II or III according to annual revenue criteria originally set by the Surface Transportation Board in 1992. 8 billion in In 2022, U. Docket No. 4 U. Aug 24, 2023 · U. Railroads’ diminishing average rate of return over decades, dropping from 4. Being revenue adequate means a railroads achieved a rate of return equal to or greater than the board’s calculation of the average cost of capital to the freight rail industry. CSX Transportation4. D. In addition, Class 1 railroads are often more efficient May 14, 2021 · The first-quarter 2021 earnings season for the Class I railroads is over. due to coronavirus 2020 Grupo México's sales revenue www . 1. Between 1970 and 1979, the rail industry’s return on investment never exceeded 2. Class II railroads are those with annual revenues between $20. Oct 10, 2023 · According to the Surface Transportation Board (STB) and American Short Line & Regional Railroad Association (ASLRRA) the latest, 2016 definition of a Class II, "regional" railroad, is any with annual operating revenues greater than $39. Union Pacific Railroad2. That outlook hasn’t changed for most, given rail volumes in January and March, but the severe weather conditions in large As of 2021, a Class II railroad in the United States has an operating revenue greater than $39. 75 million or more. wd oi fu zz rt rw tl an zk ka