2012 Rail Trends - Railway Association of Canada
2012 Rail Trends - Railway Association of Canada
2012 Rail Trends - Railway Association of Canada
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Infrastructure Investment<br />
and Productivity<br />
<strong>2012</strong><br />
10<br />
To improve service and increase the value<br />
and performance <strong>of</strong> the supply chain, RAC<br />
member railways continued their substantial<br />
investment in the maintenance and development<br />
<strong>of</strong> infrastructure in 2011. These companies are in<br />
the distinctive position <strong>of</strong> financing the near entirety<br />
<strong>of</strong> the network that forms the backbone <strong>of</strong> the<br />
Canadian supply chain. Their investment is measured<br />
by the industry term “additions to property,” which<br />
includes purchasing rolling stock, improving bridges<br />
and replacing rail and other track materials.<br />
In order to keep pace with shipper demands and<br />
maintain exceptional service at the lowest possible<br />
rates, member railways ensure the existing network<br />
is well-maintained and includes modernized facilities<br />
and information technology systems. This concerted effort to uphold and<br />
improve the efficiency <strong>of</strong> the rail network allows the railways to enhance<br />
their productivity and attract new business. Not only did Canadian railways<br />
keep up with growth in all areas <strong>of</strong> rail in 2011, but they did so while<br />
improving operating efficiencies and <strong>of</strong>fering better service to customers.<br />
The RAC represents effectively all rail companies operating in<br />
<strong>Canada</strong> – the large Class 1s, the regional and short lines railways, intercity<br />
passenger, commuter rail and tourist train operators.<br />
2011 investment and productivity highlights:<br />
••<br />
<strong>Canada</strong>’s rail sector invested $1.8 billion in additions to<br />
property in 2011, a year-over-year rise <strong>of</strong> 7.6 per cent.<br />
••<br />
Employee productivity increased by 2.5 per cent to a record<br />
8.5 million RTM (12.4 million RTK) per employee.<br />
••<br />
<strong>Canada</strong>’s railways contributed a record $158 million in tax<br />
revenue, 7.5 per cent more than the previous year.