Will Rail Impact Trucking?

Image via WikipediaExcellent article on the potential for rail to take away trucking business.

Thoughts: Owning a truck has become very expensive. Rail taking away business is not that outlandish since trucking:

• Is heavily tied to the cost of fuel
• Is overegulated
• Has a driver shortage

article link: 

http://money.msn.com/top-stocks/post.aspx?post=d5e78e9e-25cc-4456-adbe-fb1f206606fb
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Transport Topics Online | Trucking, Freight Transportation and Logistics News Obama Proposes $50B for Transportation

President Barack Obama Monday opened discussion of the next six-year transportation re-authorization bill with a proposal to establish an infrastructure bank and spend $50 billion to help fund work on highways, railroads and airports.
The president’s proposal included money to rebuild 150,000 miles of roads, construct and maintain 4,000 miles of rail and overhaul 150 miles of runways, a White House statement said.
Obama also is asking Congress to extend permanently and expand a research-and-development tax credit for businesses, costing about $100 billion over a decade, Bloomberg News said.

The article is continued at Transport Topics Online | Trucking, Freight Transportation and Logistics News Obama Proposes $50B for Transportation
- msaks@ectts.com
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