John Hennessy III,
P.E.
Globalization has harmed some U.S. workers, and policymakers should work to ameliorate that harm. However, shrinking from America’s central role in international trade would significantly weaken our nation’s economy, our standard of living and our quality of life. Policymakers must not deprive Americans of the tremendous advantages and opportunities brought about by engaging fully in the global economy.
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ASSOCIATION OF AMERICAN RAILROADS
This report, the second in the Association of American Railroads’ State of the Industry series, for the first time ever, shares data that begin to quantify the freight railroad sector’s economic and fiscal impact. The findings underscore the fact that freight railroads trigger a powerful economic ripple effect across a myriad of U.S. industries.
Transportation for America’s Director James Corless: “Our country’s association of civil engineers continues to do the yeoman’s work of sounding the alarm on our country’s infrastructure — the roads, rails and waterways that we depend on to move our goods from place to place and get us where we need to go each day. But […]
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ASSOCIATION OF AMERICAN RAILROADS
The AAR traffic report details rail carloadings by railroad for 19 different major commodity categories, as well as intermodal units (truck trailers and shipping containers). Railroads reporting to the AAR collectively account for around 95% of total U.S. and Canadian freight traffic…rail traffic is a useful gauge of broader economic activity, especially of the “tangible” economy.
According to the Association of American Railroads, freight rail traffic is a good indicator of the status of the economy both in the U.S. and abroad. So, to see if we really are on the road to economic recovery, check out AAR’s new traffic report widget. This tool can be placed on any blog or web site and automatically updates every month with new statistics. Visit AAR to get instructions for using this tool.
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