Soy Transportation Coalition Overview The Transportation Challenge Establishing the Soy Transportation Coalition Action Steps Questions/Feedback The Transportation Challenge
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“(BNSF’s) earnings were up more than 25% last year (2006), thanks in part to a 15% boost in freight revenue – 2/3 of which came from price increases. CSX revenue grew 8% last year, & the company estimates that 60% of that came from price increases.” (MSN Money)
Tonnage carried by railcar ownership: 1987 2004
Privately owned 40% 60%
Railroad owned 60% 40%
Question – If our nation’s highway & county road system was developed & maintained according to the same guidelines as our freight rail system, how many soybean crushers, elevators, & biodiesel plants would have access to quality roads?
Will provide the foundation for the STC to move forward & leverage our voice for needed change.
Mike Steenhoek, Executive Director
Soy Transportation Coalition
4554 114th Street
Urbandale, Iowa 50322