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Definition of 'Revenue Ton Mile'
A single ton of goods that is transported for one mile. Revenue ton miles are used to determine the total amount of freight that is shipped by a transportation company. Railroads determine revenue ton miles by multiplying the weight of paid tonnage by the total number of miles it has been transported.
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Investopedia explains 'Revenue Ton Mile'
Revenue ton miles are an important determinant of profit in the transportation industry. In order to come out ahead, a transportation firm must be able to make a profit per mile on the freight that is shipped. Revenue ton miles are similar conceptually to revenue passenger miles, the measure employed by the airlines.
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Search results for 'Revenue Ton Mile'
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http://stocks.investopedia.com/stock-analysis/2011/A-Tail-Of-Two-Railroads-CP-CNI-NSC-UNP0622.aspx
... Other significant efficiency metrics, including revenue/car, profit per revenue
ton mile and number of carloads, increased significantly in the intermodal and ...
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http://stocks.investopedia.com/stock-analysis/2010/The-Railroads-In-2010-BNI-UNP-NSC-CSX0104.aspx
... NYSE:NSC) released a calculation of its carbon footprint in late 2009, and boasted
that the greenhouse gas emissions per revenue ton-mile were only one ounce ...
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