Railroad classes
In the United States, railroads are Class I, II, or III, depending on how big they are. The Surface Transportation Board decides how big the railroads need to be to be in the classes.
There are six US Class I freight railroad companies. Canada has two Class I freight railroads. Both of the Canadian companies have trackage in the US. Mexico has two Class I freight railroads, one with trackage in the US. The national passenger railroads in the US and Canada, Amtrak and Via Rail, are both Class I.
Classes
changeClass I
changeIn the United States, the Surface Transportation Board says a Class I railroad is a railroad that gets $250 million or more in revenue every year. It was 1991 when they said it had to be at least $250 million. In 2012, $452,653,248 is how much it would be.[1] In 2011, the Association of American Railroads says that Class I railroads had to get at least $433.2 million.[2]
In Canada, a Class I rail carrier is a company that has earned at least $250 million (CAD) in revenue for each of the previous two years.[3]
Class I railroads are some of the most efficient kinds of transportation. They move a ton of freight almost 500 miles with each gallon of diesel fuel (0.47 l/100 km to move 0.91 metric tons).[4]
In 2013, eleven railroads in North America were Class I. In the United States, Amtrak and seven freight railroads are Class I based on 2011 measurements released in 2013.[2]: 1
Railroad | Trackage | ||
---|---|---|---|
Canada | United States | Mexico | |
Amtrak | Yes | Yes | No |
BNSF Railway | Yes | Yes | No |
Canadian National Railway | Yes | Yes [Note 1] |
No |
Canadian Pacific Railway | Yes | Yes [Note 2] |
No |
CSX Transportation | Yes | Yes | No |
Ferromex | No | No | Yes |
Kansas City Southern Railway | No | Yes | Yes [Note 3] |
Norfolk Southern Railway | Yes | Yes | No |
Union Pacific Railroad | No | Yes | No |
Via Rail | Yes | No | No |
- ↑ Operated by Grand Trunk Corporation, a wholly owned subsidiary of Canadian National Railway.
- ↑ Operated by Soo Line Corporation, a wholly owned subsidiary of Canadian Pacific Railway.
- ↑ Operated by Kansas City Southern de México, a wholly owned subsidiary of Kansas City Southern.
Class II
changeA Class II railroad in the United States takes freight and is mid-sized in terms of revenue. As of 2011[update], a Class II railroad is a railroad with that earns more than $37.4 million but less than $433.2 million in revenue for at least three years in a row.[5] Switching and terminal railroads are can't be Class II railroads.
Class III
changeA Class III railroad earns less than $20 million (1991 dollars) in revenue every year.[6]
References
change- ↑ "42759 - Decision". Archived from the original on December 18, 2013. Retrieved April 7, 2016.
- ↑ 2.0 2.1 "Class I Railroad Statistics" (PDF). Association of American Railroads. April 17, 2013. Archived from the original (PDF) on 2013-11-03. Retrieved 2013-10-31.
- ↑ Branch, Legislative Services (June 3, 2019). "Consolidated federal laws of canada, Transportation Information Regulations".
- ↑ Warren Buffett (2016). "Berkshire Hathaway 2016 letter to shareholders" (PDF). p. 11. Retrieved 2017-03-06.
- ↑ "ASLRRA FAQ". Archived from the original on May 6, 2014.
- ↑ 49 CFR Part 1201, General Instructions 1-1, GPO, 2007
More reading
change- 49 CFR Part 1201-Railroad Companies (PDF)
- Surface Transportation Board FAQs – Economic and Industry Information Archived 2016-12-08 at the Wayback Machine
- STB Ex Parte No. 647 Archived 2016-03-04 at the Wayback Machine
- "AAR – Class I Railroad Statistics" (PDF). Archived from the original (PDF) on 2003-09-16. Retrieved 2019-09-01. (58.4 KB)
- "49 CFR Part 1201-Railroad Companies" (PDF). ( 454 KB)
- Stover, John F. (1999). The Routledge Historical Atlas of the American Railroads. New York, NY: Routledge. ISBN 0-415-92140-6.
Other websites
change- List and Family Trees of North American Railroads
- Uniform Classification of Accounts and Related Railway Records (UCA) Archived 2005-01-04 at the Wayback Machine; retrieved April 24, 2005.
- Surface Transportation Board FAQs – Economic and Industry Information Archived 2016-12-08 at the Wayback Machine