Tuesday, June 10, 2008

Forbes: "Rails Running Hot"

Forbes currently sees the rail industry as a business sector that continues to make money despite an economic downturn. In fact they contend that the economy may not be as bad as some might say, considering the quantity and variety of the products that are running the rails. 2006 and 2007 turned out to be banner years for the rail industry, and 2008 is also turning out to be good as well.

Considering that locomotives are three times as efficient as big rigs (when you consider tonnage versus fuel efficiency), it's no surprise that rail carriers are seeing increased interest.

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