Posted on September 13th, 2011 nrapp 12 comments
A series of mergers in the rail shipping industry over the past 50 years has led to the creation of four freight rail giants that now control 90% of all business.
Since freight railroads were deregulated in 1980, the number of large, so-called Class I railroads has shrunk from 40 to seven. There are now only four that matter: CSX and Norfolk Southern in the East, Union Pacific and Burlington Northern Santa Fe in the West. These four now take in more than 90% of the market.