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An increase in traffic levels...

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... I'm hyped to see that this month traffic levels on the rails have been the best they have since 2008. It's not a dramatic increase but it's a start. Rail usage is a great indication of a possible turn in the economy and better yet a possible change in the rail system... New cars, more shipments etc etc.Word up... like the comfort style ones?

 

http://www.agweb.com/article/rail_operators_remain_on_track_traffic_near_08_levels_/

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the recession is over, and i've honestly never seen the trains themselves more covered in a long time. glad to see fellas writing, and glad to see them supplying the canvas, now more often!

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Agreed the recession is NOT over. Don't believe the government and mass medias lies.

The economy hasnt yet fully shifted to a up swing yet. Its getting closer to winter and the holidays. Even in a shit economy. People and companys spend, buy, sell more money and things around this part of the year. You will see a dip in traffic in January 2011.

 

On a side note. 2008 was terrible in comparison to 2000 and 2001. As we all know. The shit hit the fan in late 2001 and theres been a shit covered fan and wall street ever sence. Which has had a negative trickling effect refelcted on pretty much every single marketable product and business for almost a decade now.

 

Don't believe for a minute that the united states is safe from going almost 3rd world at anytime just yet. The US is still just keeping its pants on with a hilly billy rope belt right now. There is still a long term high national average unemployment rate of 9.6% to 10%. That translates in to 1 in 10 people are not working. Out of that 9 are 7 that are not making enough money to actaully live well or be beyond the poverty level. In short less then roughly 70% of Americans actually have any money to play with still.

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According to a wall street journal article the "recession" that started when home prices flatlined ended in july 2009. We're still at the point of falling back into a recessionary pattern, so if/when that happens it'll be a "double-dip" recession.

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things don't stay the same forever.

no, the economy has not recovered

but it hit the bottom and is on the way back up.

 

i think in september it was the early sputters, but unless the states go bankrupt (and they still might) we're on the way out of this one.

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On a brighter note Railboxs are running again in large numbers. I guess instead of the scrap yard and new tboxs being built, they are rolling the oldies out. What is kind of strange is the that stock prices of railcar builders stock is also going up unlike 2008-2009 when they where building alot of new cars.

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Since 2007 we have lost 4 plants that had a yard each of boxcars and one autorack facility. Ten years ago there were probably 25-30 boxcar layups, now there are about ten and they hardly get shit. they have built a bunch of new intermodal spots. I have noticed increased traffic in the past couple months, but overall mixed freight probably dropped fifty percent in ten years in my area

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cars are slowly starting to come back but the numbers are really weak and i dont expect the traffic to be as heavy as it was a few years back . but hell ill take anything i can get my hands on. this recession is a bitch to get out of

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The railroads sales staff are not as quick to respond to economic conditions as the trucking companies are. It costs up to 100,000.00 to install a new RR siding. Some state railroad divions of the the DOT are helping fund them as part of the stimulase package. We still have hundreds of locomotives and boxcars in storage. I did see that FED EX is finnaly starting to move stuff by rail in there own trailers.

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