Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

View Current Digital Issue »


Rail News Home Rail Industry Trends


Rail News: Rail Industry Trends

Canadian rails last year bumped up traffic, held down expenses, RAC says


Canadian railroads in 2000 increased traffic volume 6.8 percent to 221 billion revenue ton-miles compared with 1999's 207 billion revenue ton-miles, but held operating expenses to a 2.5 percent increase during the same period, according to Railway Association of Canada's (RAC) Railway Trends 2001 released Dec. 17.
Railway Trends, which provides a 10-year statistical and financial overview of Canada's railroads, also reports that short lines' originated-carload share rose from 15 percent to 30 percent during the past decade.
Other Trends data shows that Canadian railroads last year earned record high operating income of $1.58 billion. And, compared with 1999, rails last year shrank headcount 6 percent from 43,073 workers to 41,082, and reduced fuel consumption 4.6 percent.
"Traffic [last year] was moved with the smallest locomotive and freight-car fleets on record," said RAC President and Chief Executive Officer Bill Rowat in a prepared statement. "This feat was accomplished by the combination of three factors: more powerful, productive and energy-efficient locomotives, longer trains as the average number of cars per train grew by 7.4 percent, and a 6.8 percent increase in net tons per carload."