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For the nation as a whole, profit margins generally sit at about 9% (8.89% to be precise), however, in transport, specifically railroads, this stands at 50.93%, the highest in the US. Recent research from Comparisun has now revealed the profit margins for almost a hundred industries, exposing those who have the highest and lowest profit margins: The USA’s Most Profitable Industries (and average profit margin)
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not another white monkey video. He is mocking US rail when it's the most profitable industry in the US. While Chinese HSR has 2 trillion USD of debt and is making huge losses every year.
Railroads are USA’s most profitable industry with a 50% profit margin
The US economy is colossal. In fact, it represents more than 20% (1/5th) of the entire global economy. So, with corporate profits generally on the up, what industries are the biggest profit-makers? And which are making a loss?ajot.com
For the nation as a whole, profit margins generally sit at about 9% (8.89% to be precise), however, in transport, specifically railroads, this stands at 50.93%, the highest in the US.
Recent research from Comparisun has now revealed the profit margins for almost a hundred industries, exposing those who have the highest and lowest profit margins:
The USA’s Most Profitable Industries (and average profit margin)
- Transportation (Railroads), 50.93%
- Real Estate (General/Diversified), 41.23%
- Tobacco, 31.42%
- Banks (Regional), 28.99%
- Cable TV, 25.44%
- Investments & Asset Management, 24.52%
- R.E.I.T, 24.44%
- Beverages (Alcoholic), 21.47%
- Semiconductor, 21.47%
- Bank (Money Center), 21.46%
On one hand you say that you have not travelled in Indian railways since last 20 years, still you have audacity to comment.it's true but, our railways are horrible.. stations stink of pee, the cars are not the cleanest, horrible toilets where your pee/poop goes on the tracks, yuck.
Last I went on a train was early 2000s.. some say things have improved, doubt it.
If you're not feeling too fussy but, there is a lot of charm there in the old world ways of the Indian Railways. Some of the scenery (like on the Konkan track) is absolutely breathtaking, and overall fun if you book 1st class or in a better cabin.
Beta billu,
I can tell you frankly. In China, not only HSR, motor car, ART, light rail, urban rail, ordinary train, subway, bus, long-distance bus, etc., all passenger transport projects lose money except freight business, but we don't care.
Because the Chinese believe that these public transport should have been operated at a loss. The govt should pay for the infrastructure, not the people. If these public transport can make money, it should be blamed.
BTW: All HSR projects resulted in a debt of 5.28 trillion CNY (852 billion US dollars) to the Ministry of transportation. I don't know where the author got the $1.8 trillion data.
And all these debts are domestic debts. China's HSR, from the underwear of high-speed rail workers to the HSR engine, is made locally in China. Every penny we spend will enter China's economic cycle. This money will only stimulate China's economic development, not inflation. Because China's industrial productivity is surplus.
Even the US has HSR?point is HSR is economically unviable except on routes connecting high population density locations. It generates massive employment since it requires infrastructure, rail lines, bridges and tunnels. It doesn't stop there, once built since wear and tear is significantly higher on HSR lines it requires a lot of maintenance. This model is unsustainable in the US and will prove unsustainable in China over time - unless, abundant low cost energy becomes available and dramatic improvements in MTBF (serviceability) is delivered soon . Another important factor, you can not move freight over HSR lines since it isn't designed to support heavy loads, it's designed for speed. True, it's domestic debt but internal debt cannot be magicked away - it circulates within the system causing drag, head winds for future growth.
Finally, the estimated 2 trillion dollar liability includes loans taken by provincial governments in support of rail infrastructure it is not limited to the liability of state run railway corporation.
True, bhot time ho gya since a proper rail journey.On one hand you say that you have not travelled in Indian railways since last 20 years, still you have audacity to comment.
Even the US has HSR?
First, HSR is feasible in China.point is HSR is economically unviable except on routes connecting high population density locations. It generates massive employment since it requires infrastructure, rail lines, bridges and tunnels. It doesn't stop there, once built since wear and tear is significantly higher on HSR lines it requires a lot of maintenance. This model is unsustainable in the US and will prove unsustainable in China over time - unless, abundant low cost energy becomes available and dramatic improvements in MTBF (serviceability) is delivered soon . Another important factor, you can not move freight over HSR lines since it isn't designed to support heavy loads, it's designed for speed. True, it's domestic debt but internal debt cannot be magicked away - it circulates within the system causing drag, head winds for future growth.
Finally, the estimated 2 trillion dollar liability includes loans taken by provincial governments in support of rail infrastructure it is not limited to the liability of state run railway corporation.