| Daily news coverage of the railroad industry |  |
| Industry Update |  |  |
|
- Report: Rail industry to have 4,530 job openings over 4-year period
A total of 4,530 job openings in the freight rail sector is expected between 2013 and 2016 to meet anticipated growth in the U.S. logistics industry, according to a report by the Georgia Center of Innovation for Logistics. The figures are part of an estimated 1.1 million job positions in the same period across a range of other logistics fields. DC Velocity online
(10/25)     
| Infrastructure & Economic Spotlight | | |
|
- Freight rail, ports in N.J. to benefit from collaboration
A collaboration among the South Jersey Port Corporation, Conrail and New Jersey's Salem County has netted them $117 million that qualified them for $18.5 million in federal stimulus funds. The money will be used to enhance freight rail and port infrastructure in New Jersey. Work will include adding ship-side rail capacity, upgrading a 42-mile line that connects to national freight rail lines, and adding a two-mile connection to new docks under construction. RT&S online
(10/25)
- Equipment-finance activity increased 16% in September, group says
Companies borrowed $8.2 billion to finance equipment last month, a 16% increase compared with September 2011, according to the Equipment Leasing & Finance Association. The total was the largest monthly amount since December. However, ELFA President and CEO William G. Sutton noted that most of the financing was used to replace aging equipment, instead of for expansion. "The run-up to the U.S. elections, high energy prices and continuing uncertainty brought about by fragile European economies is muting what might be an otherwise robust recovery for the U.S. economy," he said. Reuters
(10/23), Nasdaq.com/Dow Jones Newswires
(10/23)
| Energy & Environmental Watch | | |
|
- EIA reports weekly growth of U.S. coal production
The U.S. produced an estimated 19.2 million tons of coal in the week ending Oct. 20, according to the Energy Information Administration. That's a 0.8% increase from the previous week's coal production figure, EIA noted. Platts
(10/25)
| SmartQuote | | |
|
 | Be a lion at home and a fox abroad."
|
| |
| |
|
Read more at SmartBrief.com |
|
A powerful website for SmartBrief readers including:
|
|
|
|
| |
| |
| | Recent AAR SmartBrief Issues:
- Thursday, October 25, 2012
- Wednesday, October 24, 2012
- Tuesday, October 23, 2012
- Monday, October 22, 2012
- Friday, October 19, 2012
| | | Lead Editor: Jennifer Hicks
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 | |
| |
|
| © 1999-2012 SmartBrief, Inc.® Legal Information |
|
