"Unlike trucks, barges or airlines, America's freight railroads operate on infrastructure they own, build and maintain themselves so taxpayers don't have to. And this year they are investing at a record rate to meet the demands of the recovering economy," said Edward Hamberger, AAR president and CEO. "These investments help businesses get their goods to market more efficiently and affordably, so they too can innovate, invest and hire. That's how freight rail spurs the American economy and supports jobs all across the country."
With hundreds of infrastructure projects underway nationwide, privately owned freight rail networks are maintained through continued investments that have reached record levels in the past three years. These investments include expenditures such as intermodal terminals that facilitate truck to train freight transport; new track, bridges and tunnels; modernized safety equipment; new locomotives and rail cars and other components that ensure the U.S. freight rail network remains the best in the world.
to market more efficiently and affordably, so they too can innovate, invest and hire. That's how freight rail spurs the American economy and supports jobs all across the country."
With hundreds of infrastructure projects underway nationwide, privately owned freight rail networks are maintained through continued investments that have reached record levels in the past three years. These investments include expenditures such as intermodal terminals that facilitate truck to train freight transport; new track, bridges and tunnels; modernized safety equipment; new locomotives and rail cars and other components that ensure the U.S. freight rail network remains the best in the world.
