Wednesday, January 31, 2007

RT&S Verifies . . . . .

. . . what rip noted some time ago. The Class One Railroads are spending in a big way this year! Check out the article in the January '07 issue. You will note that Amtrak's spending is going from $525M in '06 to $650M in '07, that BNSF is going from $1.76B to $1.87B, and that UPRR is going from $2.35B to $2.45B CN and CP are also up, as is Norfolk Southern. Only CSX is flat from '06 to '07.

That must be why I am hearing almost every day now from people who are trying to buy track material that it is getting tough to find what they need. It looks like a good year ahead for the supply side people!


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