May, 2010 - jstagl - Editors' Posts - MyProgressiveRailroading
    • 19 May 2010

    U.S. trade gap grows wider, but recovery signs are rampant in intermodal sector

    In March, the U.S. trade gap widened to $40.4 billion from February's $39.4 billion, according to an IHS Global Insight international trade balance report. Sounds like bad news, right? Not necessarily. March export volumes rose 3.4 percent and value increased 3.2 percent, while import volumes climbed 3.5 percent and value went up 3.1 percent. “This was a positive report for the U.S. and global growth outlook...
    • 12 May 2010

    On the road to coal heaven with the Indiana Rail Road

    On May 11, I had the rare opportunity to see the largest stretch of new track built in Indiana since World War II. Indiana Rail Road Co. (INRD) President and CEO Tom Hoback was kind enough to invite me aboard the “President’s Special” train, which provided a tour of a 5.2-mile industrial spur and loop track the regional recently completed for Peabody Energy’s new Bear Run coal mine in Sullivan...
    • 5 May 2010

    Class I traffic, PTC hot short-line show topics in blazing hot Orlando

    I just got back from Orlando, Fla., where the American Short Line and Regional Railroad Association (ASLRRA) held its 97th annual convention May 1-4. Good thing the event was held indoors because it was 90-plus degrees outdoors with stifling humidity each day of the conference. It also was a very good thing that event organizers had BNSF Railway Co. CEO Matt Rose deliver the keynote address Monday morning during the ASLRRA's...