Railroad Stock Investments – The Standard of Measurement to Buy and Sell Railway Stock

The transportation sector of the United States economy is composed of nine industrial groups. One particular group moves more volume of tonnage based on ton miles than any other form of transportation – Railroads. In accordance with the Federal Department of Transportation, railroads move 39.5% of all freight in the US (based on ton miles which is the length freight travels). It’s a $60 Billion industry with over 140,000 miles of track. It is dominated by seven major carriers (referred to as Class I Railways). They are:

  1. Union Pacific
  2. BNSF (100% owned by Berkshire Hathaway)
  3. CSX Transportation
  4. Norfolk Southern
  5. Canadian National
  6. Kansas City Southern (Merged in Late 2021 with Canadian Pacific)
  7. Canadian Pacific

There is a close eighth, but it is classified as a Class II railroad. It is a holding company called

 

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