small railroads: big agenda inland rivers ports & terminals, inc. annual meeting shreveport, la...
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Small Railroads: Big Agenda
Inland Rivers Ports & Terminals, Inc.Annual MeetingShreveport, LAApril 30, 2015
Short Line Industry
558 “Short Lines”:
Class III railroads: Revenues < $31.9 M
Class II railroads: Revenues $31.9 M - $398.7 M
Switching and Terminal Railroads
Growth of Short Line Route Miles
More Than 465% Route Miles Growth Over the Course of 30 Years . . .
Class I Railroads vs. Number of Short Lines
(Short Lines can interchange with more than one Class I)
Class I Number of Short Lines
BNSF 190
CN 19
CP 9
CSX 254
KCS 14
NS 256
UP 223
Short Lines vs. Class I Interchanges
Over 300 Short Line Railroads Have More Than One Class I Connection
Historically
Coal
Farm Products
Minerals & Ores
Chemicals
Metal Products
Pulp, Paper, Lumber
Food Products
Short Line Commodities
Feb 2014 – Feb 2015
Chemicals 8.0%
Intermodal 13.9%
Grain 12.6%
Metals & Products 0.1%
Aggregates 20.2%
Paper Products 1.1%
Petroleum Products 2.0%
Rail Industry Carloads
Class I's – Short Line Traffic Only – Available Data
RR H1 2012 H1
2013 Variance
BNSF 609,756
684,472
+12.3%
CN 109,104
119,274
+9.3%
CSX 392,548
403,989
+2.9%
NS 516,659
528,963
+2.4%
UP 774,485
825,076
+6.5%
Class II / III Annual Financial Slice
Revenues: $3.3+ Billion
Capital Expenditures: $920+ Million
Maintenance Expenditures:$800+ Million
Federal Tax Credits 2004 – 2013:
$1.5B in infrastructure and equipment
Federal, State and Local Taxes of $410+ Million
Short Line Operating RevenueComparison, 2012 - 2013
Two Consecutive Periods of Growth
Two Consecutive Periods of Decline
Decline Followed by Growth
Growth Followed by Decline
Source of Funds
The American Short Line and Regional Railroad Association
Membership:
• Railroad: Class II & Class III railroads
• Associate Business
• Sustaining
• Tourist & Excursion Railroad
• Plant & Switch Contractors
RR Member History by Decade1983 - 2013
ASLRRA’s Mission
Represents Interests of Small Railroads Before:
Congress
Federal Agencies
Class I Railroads
State & Federal Courts (Amicus)
ASLRRA’s Mission
Education & Compliance
Railroad “U”
Regulation Compliance Seminars
Webinars
Compliance Templates
Alerts and publications
ASLRRA’s Mission
Meetings
Annual Convention
Four Regional Meetings
General Counsel Symposium
Finance & Administration Conf.
Railroad Day On The Hill
Numerous FRA Compliance Seminars
Member Driven
Committees
Executive Finance & Administration Legislative Policy General Counsel Safety & Training Police & Security Technology Human Resources Mechanical Small Railroad
Volunteers
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