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I'd never made the connection between the gradual shuttering of coal plants and freight rail, but wow, that is a big deal. A quick search finds that coal is abo
by moshmosh 5y ago
I'd never made the connection between the gradual shuttering of coal plants and freight rail, but wow, that is a big deal. A quick search finds that coal is about 30% of rail tonnage in the US. A bunch more (not looking it up, but if you've ever seen a train, it's clearly also a lot of what they haul) is other fossil fuels.
I wonder how they're going to cope with (let's give a very lowball estimate) 40% of their tonnage tapering off over the next few decades. Looks like coal shipped by rail is already way down from its peak, and dropping fast. Looks like they charge a premium for intermodal shipping—may have to cut prices on that to keep volume up.
- bombcar 5y agoCoal and other bulk materials are “easy” - one customer on each end. Intermodal is more complicated but at the right price it’ll be competitive with trucking.