Reading & Northern Railroad (R&N) has reported a 6 percent increase in carloadings in 2019, moving 34,000 carloads, a 2,000 carload increase from 2018. The railroad also had revenues up by double digits as a result of changes in traffic mix and implementation of strategies to increase R&N length of hauls.
The loss of 1000 carloads of export anthracite coal business was more than offset by 20 on-line customers increasing their rail business by more than 10 percent. Ridership on R&N and its sister company, Lehigh Gorge Scenic Railway, was up in 2019, with more than 143,000 passengers using one of R&N’s passenger train offerings.
“We are committed to growing our business,” stated R&N owner and CEO Andy Muller, Jr. “Growth is good for our employees, the communities we serve and the customers we service. In order to grow we must invest in our railroad and our employees and I will continue to plow our profits back into taking care of our employees and the railroad.”
In 2019, R&N also began operating its warehouse in Ransom, Pa., and opened a new West Hazleton transload site. The company has significantly grown its anthracite coal business during the year by working with offline steel mills and its interline partner, Norfolk Southern Railroad. R&N had two significant new customers come on-line in the 2019 fourth quarter at the Humboldt Industrial Park in Hazleton, Pa., which will increase the carloadings in 2020.