Freight Railroads in Today's Economy
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Freight railroads play an important role in the United States' economy. The American freight rail system is considered the best in the world. In terms of ton-miles, railroads annually move more than 25% of the United States' freight and connect businesses with each other across the country and with markets overseas. They also directly contribute tens of billions of dollars each year to the economy through wages, purchases, retirement benefits, and taxes.
Read more about this topic: Railway Stations In The United States
Famous quotes containing the words freight, railroads, today and/or economy:
“Admire a small ship, but put your freight in a large one; for the larger the load, the greater will be the profit upon profit.”
—Hesiod (c. 8th century B.C.)
“Our inventions are wont to be pretty toys, which distract our attention from serious things. They are but improved means to an unimproved end, an end which it was already but too easy to arrive at; as railroads lead to Boston or New York.”
—Henry David Thoreau (1817–1862)
“If today there is a proper American “sphere of influence” it is this fragile sphere called earth upon which all men live and share a common fate—a sphere where our influence must be for peace and justice.”
—Hubert H. Humphrey (1911–1978)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)