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1/22/2025
Reading, Blue Mountain & Northern Railroad (RBMN) in Pennsylvania this week reported it achieved record freight and passenger revenue in 2024.
RBMN handled nearly 32,000 revenue carloads in 2024, which was 10% fewer carloads than in 2023. Despite the decline, the railroad earned the most freight revenue in its history due to a shift in traffic mix, company officials said in a press release.
The company did not report the dollar value of revenue earned last year.
RBMN officials reported a substantial decline in frac sand carloads last year due to a decline in drilling activity in the area, but the traffic loss was offset by other commodities. Anthracite coal exceeded 1 million tons shipped for the second time in the railroad's history; forest products, plastic resins, metals, food and ag commodities also drove revenue success.
RBMN leaders anticipate increased carloads and revenues in 2025.
On the passenger side of the business, RBMN recorded an all-time high ridership of 340,000 passengers in 2024. The railroad opened new departure facilities, spent $6 million on new equipment and train cars, and hired 70 new employees last year.