Dry Land Merrimac

Dry Land Merrimac

Sunday, January 2, 2011

Chart of Resources transported by Freight Trains


Type of Freight Carried by Class 1 Railroads for 2003 and 2005:
Commodity Group2003 Tons Originated2003 Percent
of Total
2005 Tons Originated2005 Percent
of Total
Coal784,04243.6804,13942.4
Chemicals & allied products163,0189.1167,1998.8
Farm products141,3247.9140,4417.4
Non-metalic minerals132,5527.4145,6977.7
Misc. mixed shipments*103,8755.8119,8356.3
Food & kindred products102,1145.7102,1915.4
Metals & products55,1663.157,8513.0
Stone, clay & glass products51,0462.855,2312.9
Petroleum & coke47,9682.755,6112.9
Lumber & wood products47,4662.647,6032.5
Waste & scrap materials41,4972.347,3452.5
Pulp, paper & allied products38,5432.138,2422.0
Motor vehicles & equipment34,3141.935,5851.9
Metalic ores32,6931.859,9413.2
All other commodities23,4481.321,8101.1
Total1,799,0661001,898,721100
                                                   
   This particular chart, shows the magnitude of trade that freight trains bring alone.  Each one of the commoidieties is profiting and benefiting from the cheap costs of transportation, exceeding the standards of any other method of transportation.  The economy would be in an even worse situation than stands right now.  result of providing a needed and valuable service to millions of customers in an unregulated market economy.   It is what is sometimes referred to by economists as "economy of scale". In , if you have 100 million customers, and you make an extra penny of profit off of each of them, you make a million dollars, small pricing differences which the market can easily bear can mean huge profit margins.
   The  intricate system that has developed from railroads has boosted the economy to a point where maximum potential has been identified.  The steady stream of financial gain has sufficed the desire for a perfect system. 

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