Alaska Railroad reports revenue growth

Published September 8, 2014 7:12pm ET



FAIRBANKS, Alaska (AP) — The Alaska Railroad Corp. is reporting revenue growth of more than 4 percent in the last fiscal year, despite declines in petroleum and coal shipments.

Railroad revenue rose 4.3 percent between July 2013 and July 2014, the Fairbanks Daily News-Miner (http://is.gd/hLI5Wa) reported. Most of the increase is credited to freight shipments, with the rest coming from passenger and real estate gains.

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