Recent years have been among the safest on record for America’s freight railroads, and that enviable record is attributed in large part to massive investment in the railroad network. Since 1980, railroads have spent $550 billion to upgrade and maintain track and purchase new equipment. These investments – along with education, safety-enhancing technologies and training – have helped ensure that train accidents rates remain low. From 1980 to 2013, the train accident rate has fallen 79 percent and is down 43 percent since 2000.
*Capital spending + maintenance expenses on infrastructure and equipment
**Total train accidents per million train-miles.
Source: AAR, FRA