We know railroads are the best form of transportation for moving large quantities of certain goods such as agricultural commodities, coal, etc. and other freight such as autos, consumer goods, etc. over long distances cheaply. But I had never thought about how much railroads are fuel efficient. According to AAR, American railroads on an average move 1 ton of freight more than 480 miles per gallon of fuel. This is indeed astonishing. The following infographic puts this figure in perspective:
Click to enlarge
Source: FreightWaves
Related Stocks:
- Canadian National Railway Co (CNI)
- Canadian Pacific Railway Ltd(CP)
- CSX Corp (CSX)
- Union Pacific(UNP)
- Norfolk Southern Corp(NSC)
Disclosure: Long CNI, CSX, UNP and NSC