Ever since Warren Buffett gave his blessing to railroads by buying one, financial analysts and pundits have been examining this 175-year-old industry for clues to its re-emergence as a savvy investor’s favorite.
A Railway Age editorial I posted on line last in June 2011 about the most recent legislative attempt to break up Amtrak and privatize the pieces drew a 99% favorable response. Here’s an excerpt:
How Union Pacific achieved a record 8.6-day car cycle time. For many years, freight car shortages plagued the railroad industry.
Most global passenger rail suppliers accept a basic schism in their marketplace: Europe and most of Asia seek passenger designs based on crash avoidance. U.S. counterparts had to meet crash survivability priorities.