RBMN Owner and CEO Andy Muller, Jr.
In the midst of a COVID-19-driven substantial economic slowdown that impacted North American 2020 freight rail traffic, Class II Reading & Northern Railroad (RBMN) Railway Age’s four-time Regional Railroad of the Year (2002, 2011, 2015, 2020) posted another banner year, breaking previous records for carloadings and freight revenue.
“Although rail traffic in North America fell 7.4% and our principal connection, Norfolk Southern, had an 11.9% drop-off, we managed a slight increase in carloadings, ending the year hauling more than 34,000 carloads,” RBMN reported. “Revenues were also up almost 4% The increase in revenues resulted in shifts in traffic mix and increasing tonnage moved in our coal car fleet.