I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some money rehab.

Last month, a toxic clown hung over Ohio.

Reports have focused on the chemical reactions that led this to take place, but the real

origin of this event isn't chemical.

It's financial.

Today, I'm going to be breaking down what happened and what it has to do with the railroad

industry.

So to start, let's take a look at the industry by the numbers.

Every year across the country, US freight rail cars move an average of 1.7 billion tons

of raw materials and manufactured goods.

To give you an idea of just how much that is, it would take over 99 million trucks to move

the same amount.

It's about 4,000 Empire State buildings worth of materials being moved every year with

a lower carbon footprint than those millions of trucks.

Moving all this stuff, coal, cars, chickens, has earned railroads serious cash.

In the past decade, the major freight rail companies in America and there are only seven

have almost doubled their profits.

In the last decade, profits went from 15 billion in 2012 to 27 billion in 2021.

That's an incredible rate of growth, especially in an industry that's been around since

Women War Courses and Life Expectancy was about 40.

Railroads owe those amazing profits to the work of one man, Hunter Harrison, who was kind

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