Railroad companies are important because train travel fuels the economy. No other vehicle can move commodities quickly like a dependable cargo train. Discover more reasons why trains are essential in America.
A Better Mode of Transportation
When compared to a big rig company’s rates, a railway service is usually more affordable. You could save up to 15 percent on a shipment if you use the railway instead of the highway. However, there are exceptions; for example, in a less competitive market, a railroad company may have higher rates.
Barges help the economy too because they can also transport cargo in bulk. In terms of raw speed, trains are faster. A barge moves slowly along inland waterways, which is why it’s often used for less urgent commodities like grain.
Railroad Companies Haul Important Cargo
Railroad companies ship chemicals to research labs, motor vehicle components to automotive plants, and intermodal containers to cargo ships. The average revenue per shipment varies based on the cargo. Though, a typical railway company will earn approximately
• 21 percent from chemical products
• 16 percent from intermodal containers
• 14 percent from coal
• 9 percent from grains
• 9 percent from automotive supplies
• 22 percent from industrial products
Without railroads and trains, the economy will stall. Railroad equipment rental companies help the economy too because their supplies keep local railroads in peak condition. Vancer is one of the best railroad suppliers; they make highly innovative solutions for the railroad industry. To learn more about railroad equipment rentals, visit vancer.com.
