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Title AAR's State of the Industry Report Focuses on Impact of Railroads on U.S. Economy
Date Posted 7/13/2016
URL http://www.logisticsmgmt.com/article/aars_state_of_the_industry_report_focuses_on_impact_of_railroads_on_u./transportation
Description The Association of American Railroads (AAR) recently released its second "State of the Industry Report" that focuses on the impact of rail on the nation's economy, customers, consumers, and railroad regulations. Some of the report's key findings include the $28 billion in investments by freight railroads in 2014 and the fact that $274 billion in economic activity created by U.S. railroads generated almost $33 billion in state and federal tax revenues and supported almost 1.5 million jobs in 2014.

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