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AAR Announces Railroad Investments And New Hires

In a press release dated February 6, 2013, the American Association of Railroads (AAR), a railroad industry trade group, announced that the nation’s freight railroads intend to invest an estimated $24.5 billion dollars in 2013 to build and maintain America’s freight railroads. The press release also indicated that freight railroads estimate that that they will hire more than 11,000 employees this year.

The press release can be found at: https://www.aar.org/newsandevents/Press-Releases/Pages/Freight-Railroads-Plan-to-Invest-24-Billion-in-Private-Dollars-in-2013-On-Americas-Rail-Network-So-Taxpayers-Dont-Have-To.aspx.

By Matt Darby

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