Electrifying Rail Freight
Article from MHI Solutions Magazine
Of about 807,000 MILES of track worldwide, about 233,000 MILES are electrified.
The U.S. freight industry is an $80 BILLION INDUSTRY, according to the Federal Railroad Administration.
1% Percentage of U.S. railroad tracks that are currently used for electrified rail.
140,000 Miles of railroad track that are privately owned by railroads in the U.S., the vast majority.
Over the last 15 years, freight railroads have invested, on average, $24.2 BILLION of their own capital into improving and maintaining their networks…
