I’ve read that in 2008 rail traffic dropped 10 % does this mean bad news for the entire rail industry[sigh]
Transportation is a bellwether industry…meaning that how well the industry does is generally reflective of how the economy does as a whole. A 10% drop in volumes is therefore certainly bad news for the rail industry and for the economy overall.
Do you think that in 09 we might see an increase in traffic?
I really really doubt it…but my own business is trucking…rail might be a little different given the slant on bulk commodities. So far 09 is turning out to be a disaster…I’ve been in this racket for 20 years and have never seen it this slow.
Hope thing’s will shape up for the rest of 09’ Thank’s for the reply![:(][:)]