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Association of American Railroads
Transportation Building Washington 6, D. C.
WILLIAM T. FARICY
PRESIDENT
March 1, 1949
To the PRESS and RADIO:
Subject; RAILROAD EFFICIENCY
Modern railroading must be efficient if our railroads are to be able to provide the mass transportation upon which this nation's present economy — its very standard of living — is based.
Let's see how well the railroads are meeting this requirement.
In 1948, the American railroads carried nearly half again as much freight traffic as they did during the pre-war record year of 1929, and they did it with about half a million fewer cars than they had twenty years ago.
The railroads were able to do this much greater transportation job with considerably less equipment because they were operating at record efficiency. For instance, in 1948, the average freight train did more work than ever before as measured in tons of freight moved one mile in an hour. It turned out 18,779 net ton-miles of transportation service for each hour it was on the road as compared with 10,580 ton-miles in 1929.
This is but one example of the ever-growing efficiency of railroading — an efficiency which has meant lower costs than would otherwise have been possible in the face of rising wages and price levels. It has also meant better service and greater adequacy and dependability. This efficiency will continue to increase as time goes on.
Sincerely,
BROADCASTING • Telecasting
March 7, 1949 • Page 63