The economic downturn brought a great deal of hardship to carriers across the supply chain. Many shippers took the opportunity to re-bid their trucking contracts out of cycle, placing even more pressure on companies in the trucking sector.
NYC official: Newark Airport rail access is good for New York and the region! It's unlikely that New York City Transit will ever operate subway trains to or from Newark Liberty International Airport in New Jersey.
$7 billion is available for Class II and Class III railroads.
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.