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:
“Man, she looked as though she’d been thrown off the crummiest freight train in the world. Yet, in spite of this, I got the impression of beauty. Not the beauty of a movie actress, mind you, or the beauty you dream about when you’re with your wife. But a natural beauty. A beauty that’s almost homely because it’s so real.”
—Martin Goldsmith, and Edgar G. Ulmer. Al Roberts (Tom Neal)
“Shall the railroads govern the country, or shall the people govern the railroads? Shall the interest of railroad kings be chiefly regarded, or shall the interest of the people be paramount?”
—Rutherford Birchard Hayes (1822–1893)
“In times past there were rituals of passage that conducted a boy into manhood, where other men passed along the wisdom and responsibilities that needed to be shared. But today we have no rituals. We are not conducted into manhood; we simply find ourselves there.”
—Kent Nerburn (20th century)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)