Why US rail system is one of the best

Ratedg2

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For freight…

https://www.cnbc.com/2022/02/03/why-freight-railroads-are-so-successful-in-the-us.html
The United States lags behind the rest of the world when it comes to passenger trains, but when it comes to the freight railroad the U.S. dominates. The U.S. freight rail network operates over 140,000 miles of privately owned track in every state except Hawaii, according to the Association of American Railroads. It moves one-third of all U.S. exports and roughly 40% of long distance freight volume.

In 2019, the five top railroads in the U.S. had a total operating revenue of more than $71 billion dollars.
 

ftpofmpo

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For freight…

https://www.cnbc.com/2022/02/03/why-freight-railroads-are-so-successful-in-the-us.html
The United States lags behind the rest of the world when it comes to passenger trains, but when it comes to the freight railroad the U.S. dominates. The U.S. freight rail network operates over 140,000 miles of privately owned track in every state except Hawaii, according to the Association of American Railroads. It moves one-third of all U.S. exports and roughly 40% of long distance freight volume.

In 2019, the five top railroads in the U.S. had a total operating revenue of more than $71 billion dollars.
nice share

buffett is a major shareholder of rail
 

MatrixFanatic

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AMDK ownself praise ownself = truth, no bs
Asians ownself praise ownself = dictatorship, need external audit
 

ArcticCheetah

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Why laugh? At least its very profitable. Hearsay got 1 train company hundreds of billions in debt. The revenue cannot even cover the operating cost :o
Since when do you see infrastructure projects turning a profit upon completing construction?
Such projects bring about the value in surrounding properties and business activities.
The rail itself only turn profit when it is more than 20 years old
 

alchemist_acid

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90
 

Zinna

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Why laugh? At least its very profitable. Hearsay got 1 train company hundreds of billions in debt. The revenue cannot even cover the operating cost :o
Yeah, next time bus and train fare increase, don't want to hear any sinkie complaining. It's to make sure our public transportation is remains profitable and the big boss can get big bonus
 
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