The Role of Rail Freight in U.S. Infrastructure
Rail freight forms a crucial part of the U.S. infrastructure, transporting millions of tons of various materials and connecting the country's numerous ports and cities to facilitate domestic and international trade. However, have you ever wondered what material was moved the most by U.S. rail in 2023?
To answer this question, Visual Capitalist collaborated with The Greenbrier Companies to delve into the significance of rail to the U.S. economy.
What Materials were Moved by U.S. Rail Freight?
One of the greatest strengths of rail is its versatility. In 2023, rail freight transported nearly 1.8 million metric tons of a wide variety of materials across the nation's 140,000-mile rail network. This includes everything from wood and chemicals to vehicle parts and waste products.
Interestingly, energy products, particularly coal, oil, and natural gas, were the most commonly transported materials.
Why is Rail the Preferred Mode of Transport?
Rail is an incredibly versatile mode of transport, supporting a wide range of industries and the U.S. economy as a whole. It acts as a connection point between trucking and shipping among other reasons.
However, what sets rail apart is its history of safety and sustainability. According to the Federal Railroad Administration, rail accident rates have decreased by 27%, and rail accidents involving hazardous materials have dropped by 75% since 2000.
Despite transporting 40% of all long-distance freight, rail contributes only 1.8% of U.S. transport's greenhouse gases. This is because rail is a highly fuel-efficient form of transport and is becoming even more efficient each year. In fact, in 2023, U.S. rail consumed 709 million fewer gallons of fuel than it did in 2000.
The Importance of Rail in Moving What Matters
Rail plays a vital role in supporting various U.S. industries by transporting diverse materials within the country, connecting to ports, and facilitating international trade. With over 120 years of history, Greenbrier Companies has become a global leader in freight railcar wheel services, maintenance, and parts, enabling rail to keep the economy moving.
Discover the Benefits of Rail
Are you interested in finding out more about how rail could benefit your business?
Bottom Line
Rail freight continues to play a pivotal role in the U.S. economy, transporting a diverse range of materials and contributing to the country's domestic and international trade. Its safety record, environmental impact, and versatility make it an indispensable mode of transport. What are your thoughts on the role of rail freight in the U.S. economy? Share your views with your friends and consider signing up for the Daily Briefing, available every day at 6pm.
The Role of Rail Freight in U.S. Infrastructure
Rail freight forms a crucial part of the U.S. infrastructure, transporting millions of tons of various materials and connecting the country's numerous ports and cities to facilitate domestic and international trade. However, have you ever wondered what material was moved the most by U.S. rail in 2023?
To answer this question, Visual Capitalist collaborated with The Greenbrier Companies to delve into the significance of rail to the U.S. economy.
