Freight Railroads: Industry Health Has Improved, but Concerns about Competition and Capacity Should Be Addressed Page: 4 of 95
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Figure 1: Railroads' Tax-Adjusted Return on Investment, 1980-2004 10
Figure 2: Trends in Industry Rail Rates, 1985-2004 12
Figure 3: Commodity Rate Changes, 1985-1989, 1990-1999, and
Figure 4: Rate Changes for Coal, Grain, Miscellaneous Mixed
Shipments, and Motor Vehicles, 1985-2004 14
Figure 5: Rail Rate Increases and Decreases across 604 Routes, and
for Long-, Medium-, and Short-distance Routes, 2000
through 2004 15
Figure 6: Tonnage Carried by Railcar Ownership, 1987-2004 17
Figure 7: Miscellaneous Revenue Tracked in Carload Waybill
Sample, 2000-2004 18
Figure 8: Percentage of Railroad Market Represented by Four
Largest Class I Railroads, 1985-2004 20
Figure 9: Comparison of Rates Charged on Long-distance Grain
Routes, 1997-2004 22
Figure 10: Rate Changes after the Introduction of a Second Carrier 23
Figure 11: Comparison of Rate Changes from Champaign, Illinois,
Economic Area to New Orleans, Louisiana, Economic
Area and Champaign, Illinois, Economic Area to Atlanta,
Georgia, Economic Area, 1990-2004 24
Figure 12: Number of Class I Railroads Serving Economic Areas,
Figure 13: Percentage of All Industry Tonnage Originating in
Economic with Access to One Class I Railroad, 2004 27
Figure 14: Changes in Percentage of All Industry Traffic Tonnage
with Access to One Class I Railroad Originating in
Economic Areas, 1994 through 2004 29
Figure 15: Percentage of Industry Tonnage and Revenue Generated
from Traffic Traveling at Rates Equal to or Greater Than
180 Percent R/VC, 1985-2004 31
Figure 16: Tonnage Traveling at Rates over 300 Percent R/VC, 1985-
Figure 17: Percentage of Tonnage by R/VC, 1985 and 2004 33
Figure 18: Changes in Percentage of Tonnage Traveling at Rates
over 300 Percent R/VC, by Originating Economic Area,
1985 through 2004 34
Figure 19: Long-distance Grain Route Changes in Percentage of
Tonnage Traveling at Rates over 300 Percent R/VC, 1985-
GAO-07-94 Freight Railroads
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United States. Government Accountability Office. Freight Railroads: Industry Health Has Improved, but Concerns about Competition and Capacity Should Be Addressed, report, October 6, 2006; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc299286/m1/4/: accessed February 17, 2019), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.