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August 25, 2010

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This is great news and shows how important the ARRA has been to the country in its short existance. There are some who hate the ARRA and would like the economy to go into a double dip recession very soon to help with election chances this fall. But they will be disappointed. Projects like the one in this article are making sure workers have work and paychecks and there is important evidence that the economy is beginning to pick up steam in a more major way than before. There are now 1,000 new doublestack container railroad cars and 700 new covered hopper railroad cars on order. There are now more shipments of raw materials going into the countries factories than at any time in the past several years. The Burlington Northern Santa Fe's cold unit train has had orders for refregerator car service growing. And last week, the railroads had the largest movement of container cars since the economy went into free fall back in 2008 with container traffic now at or above where it was when the free fall started. The good news is someone is buying everything in every cargo container car, hopper car, box car, tank car, and refregerator car being shipped. Best wishes, Michael E. Bailey.

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