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NOVEMBER RAILTIME INDICATORS REPORT

12 November 2009 by TPC 2 Comments

The always informative railtime indicators report is out and the outlook is still forecasting a tepid and vulnerable recovery. The real economy is not recovering at the same pace as the equity markets might have you believe. The AAR Reports:

“October’s intermodal numbers, along with the recently-announced increase in GDP for the third quarter, indicate that we are seeing some hope for improvement in the nation’s economic situation,” said AAR Senior Vice President of Policy and Economics John Gray. “While it is still too early to say we are on the road to recovery, railroads continue to take freight cars out of storage with over 11,000 cars back in service in October.”

Rail Time Indicators November 2009 –

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2 Comments »

xxxL said:

So does the Baltic dry

http://www.bloomberg.com/apps/cbuilder?ticker1=BDIY:IND

Not being knowledgeable as regards equities.I will not opine whether or not an industry reading an index and exhibiting a margin of error 120 % within a life span of 13 months,is right or wrong when predicting future profits.

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# 12 November 2009 at 4:50 AM

don said:

“U.S. lumber production through August totaled 15.515 billion board feet, down 25.3% compared to the first eight months of 2008, according to the Western Wood Products Association.”

http://www.randomlengths.com/base.asp?s1=Daily_WoodWire&s2=Other_Industry_News&s3=Production&pub=list