Items Tagged with 'Association of American Railroads'

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Study reveals freight railroads implement positive train control on over 80% of required miles

As of Dec. 31, 2018, the Class I railroads invested $10.5 billion in the development, installation and implementation of PTC.
January 24, 2019
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At the end of 2018, the nation’s largest freight railroads were operating positive train control (PTC) across the vast majority – 83.2% – of the required Class I PTC route miles nationwide, according to data from the Association of American Railroads (AAR), Washington, D.C.
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Study: Rail industry maintains strong safety record

Through employee commitment to safety and investments in maintenance and new technologies, the industry has maintained a strong safety record.
March 13, 2018
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Newly released data from the Federal Railroad Administration (FRA), Washington, D.C., confirms that recent years remain the safest ever for U.S. railroads.
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AAR study shows freight railroads greatly impact national, local economies

This report is said to be the first of its kind to quantify the sweeping impact of investments by Class I railroads with U.S. operations on the overall economy.
June 13, 2016
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The study finds spending by the seven largest U.S. railroads created $274 billion in economic activity, generated nearly $33 billion in state and federal tax revenues and supported nearly 1.5 million jobs nationally in 2014 alone.
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