Freight Railway Revenues and Investment in Infrastructure Soar/ Shipment of Crude Oil by Rail Is Intense and Controversial, Business and Industry Trends Analysis

Since their heyday in the 19th and early 20th centuries, rail lines in the United States experienced one disappointment after another.  Until recently, trains slowly lost out to trucks and airplanes, which offer much more flexible, versatile and quicker modes of transport.  Airplanes compete with trains both for freight and passengers.  The decline of U.S. railroads started in the 1950s when interstate highways began construction, making trucks a viable alternative for freight transport.  Trucks could go straight from factory to distribution center or store, whereas trains required shifting goods from rail car to truck in order to reach the final…

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