Domestic Class I railroads carried 407,642 carloads of crude oil during 2013, a 74-percent increase over 2012’s result, according to the Association of American Railroads.
For the full year, crude oil originations represented 1.4 percent of all carloads carried by Class I railroads.
During the fourth quarter of last year, railroads originated 108,590 carloads of crude.
Looking ahead, the organization reported that domestic rail carriers expect to invest $26 billion in infrastructure during 2014.
“The rail industry is committed to safety and we’re investing record amounts to implement safety enhancing technology across the network,” AAR President and Chief Executive Officer Edward Hamberger said in a statement. “Railroads are working to deliver a safe, modern and efficient rail network that can reliably serve our customers and communities. And at the same time, this spending creates jobs for more American workers.”