"Had Your 'TON-MILES' Today?" - RAILWAYIST - myProgressiveRailroading Blogs

"Last year the railroads moved more tons of freight more miles ever before in time of peace. They hauled enough tons enough miles, in fact to average 12 ton-miles of transportation service every day in the year for every man, woman, and child in the United States. That meant loading and moving more carloads of grain, more cars of coal than ever before---and more cars of all sorts than in any of the war years, even though there were fewer cars available."

"With the cooperation of shippers, the railroads are getting more service than ever before out of each freight car they have. At the same time they are buying and building all the freight cars for which materials can be obtained. And they will continue to do so until the car supply is adequate to meet the needs of the nation with even greater efficiency and economy. These new cars---and the locomotives, the improvements to track and signals and shops and all the rest of the railroad plant---call for an investment of more than a billion dollars a year."

"That's one reason why railroads rates have to be enough so that railroad earnings will be adequate to attract investment dollars. For the railroads of tomorrow, and the service you will get from them, depend upon earninjgs today."