Similar to the Big Bank chart we ran on Monday, this graphic shows a series of mergers in the rail shipping industry over the past 50 years has led to the creation of four freight rail giants that now control 90% of all business.
There are now only four that matter: CSX, Norfolk Southern, Union Pacific and Burlington Northern Santa Fe now take in more than 90% of the market.
Source: Nicolas Rapp, September 13, 2011 The battle of the rails
Hat tip: Flowing Data
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