Cargo traffic was also booming in the 1870s as the South recovered from the Civil War, resulting in the Old Bay Line's freight revenue surpassing passenger revenue by the end of the decade.
32.
The BCG & A attempted to operate rail service between Boyne City and Alpena, but passenger and the diminished freight revenues after the timber was gone were not sufficient to profitably operate the railroad.
33.
In 2011, North American railroads operated 1, 471, 736 freight cars and 31, 875 locomotives, with 215, 985 employees, They originated 39.53 million carloads ( averaging 63 tons each ) and generated $ 81.7 billion in freight revenue.
34.
A new contract signed in 1951 eliminated all subsidy from the city in exchange for all subway passenger and freight revenues going directly to RTC . Losses continued to mount, and in 1952 Sunday and holiday service was eliminated.
35.
Since the Royal Land Company's plans to build the railroad westward to tap the coal and iron deposits in the Shenandoah Valley fell through, these commodities did not account for a significant portion of the PF & P's freight revenue.
36.
As a result of loss of freight revenue, WHRC operated its last interchange train from Windsor to Windsor Junction in November 2010 and the last gypsum trains ran in late 2011 after the gypsum quarries and Hantsport loader shut down operations.
37.
The merger would reduce the number of independent rail carriers from two to one on routes accounting for about $ 2 billion in freight revenues and reduce the number of carriers from three to two on routes accounting for about $ 5 billion in revenues.
38.
At the railroad's peak in 1944, during the World War II economic boom, the Texas Railroad Commission reported that the FW & DC earned $ 12, 132, 515 in freight revenue, $ 5, 839, 399 in passenger revenue, and $ 1, 488, 095 in other revenue.
39.
The remaining two tenant railroads in Memphis Union Station were unwilling to assume the full burden for maintenance and operation of the station, as the remaining passenger and express freight revenues of these carriers into Memphis brought in far less revenue than the continued operation of the station required.
40.
While Gitt had estimated that the road would produce over $ 100, 000 as year in revenue, by September 15, 1873 ( With revenue operations of almost a year ) the Board heard a committee report that found that the cause of lower than expected freight revenue was due to a lack of freight sidings, switches and facilities such as public team tracks.
