Hopefully they’ll get back on track soon.
Yeah, live by a coal train railroad.
Frequency is back to Obama-era levels.
About a fourth of what Trump got it up to.
In the grand scheme of things, the lives of all of us have been markedly altered by a virus that very likely came from a laboratory in Wuhan that received US grant funding. Millions of lives altered by the decisions of a few people. Given the lack of transparent data out of China, it was entirely appropriate for us to assume the worst regarding the infectivity and lethality or this virus. That said, it no longer is. It's a bad virus, but not the worst, and we need to take back our lives.
I occasionally try to sell bulky and/or heavy objects.
Hard to get a decent price or even make the sale at all due to shipping being so high.
What really slays me is the “Fuel Surcharge” which remains even when fuel prices drop to historic lows.
Like “Temporary” Gov. taxes, no such thing.
When shipping cost more than the goods, few goods will be shipped.
Shipping needs less union activity and more competitive pricing.
If anyone is interested in a little more detail: https://www.aar.org/wp-content/uploads/2020/05/2020-05-13-railtraffic.pdf
Automobile delivery by rail is down 32% for the year. Good time to buy a car?
We need to keep our railroads strong. If we are going to bring manufacturing of critical goods back to our country, we need a good transportation system.
Rail traffic is a good indicator of how the economy is doing.
Another big loss for Warren Buffett?
Hopefully some good may come from this
If you have ever shipped by Rail you will know that their are more outstretched open palms than trying to get a building permit in New Orleans
Me personally I would put a FORK into some of it by ending Interstate Commerce Laws that make it illegal to use the Panama Canal (if you need to ship a product to Hawaii from East of the Rockies it gets expensive)