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Description
On average, freight railroads spend six times more on capital expenditures as a percentage of revenue than the average U.S. manufacturer.
In the U.S., roadways are built and maintained using taxpayer dollars. The same is not true for the vast majority of railroad tracks. America’s freight railroads own, build, maintain, operate and pay for their infrastructure without relying on government assistance.
In fact, between 1980 and 2020, America’s freight railroads spent nearly $740 billion on capital expenditures and maintenance expenses. That means, on average, railroads spent approximately $25 billion a year on the locomotives, freight cars, tracks, bridges, tunnels, and other infrastructure and equipment required to keep rail shipments moving safely and efficiently.
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