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[change | change source]
Class I[change | change source]
In 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. In 2011, the Association of American Railroads says that Class I railroads had to get at least $433.2 million.
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.(p1)
|Canadian National Railway||Yes||Yes
|Canadian Pacific Railway||Yes||Yes
|Kansas City Southern Railway||No||Yes||Yes|
|Norfolk Southern Railway||Yes||Yes||No|
|Union Pacific Railroad||No||Yes||No|
Class II[change | change source]
A 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. Switching and terminal railroads are can't be Class II railroads.
Class III[change | change source]
A Class III railroad earns less than $20 million (1991 dollars) in revenue every year.
References[change | change source]
- "Archived copy". Archived from the original on December 18, 2013. Retrieved April 7, 2016.CS1 maint: archived copy as title (link)
- "Class I Railroad Statistics" (PDF). Association of American Railroads. April 17, 2013. Retrieved 2013-10-31.[dead link]
- 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 | change source]
- 49 CFR Part 1201-Railroad Companies (PDF)
- Surface Transportation Board FAQs – Economic and Industry Information
- STB Ex Parte No. 647
- "AAR – Class I Railroad Statistics" (PDF). (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.