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Sorry Warren Buffett: Things Just Went From Bad To Worse For U.S. Railroads 

By: capt_nemo in POPE IV | Recommend this post (2)
Wed, 13 Jan 16 5:25 AM | 75 view(s)
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Submitted by Tyler Durden on 01/12/2016 - 18:21

Tank cars, once feverishly ordered during the US shale boom, are sitting on sidings. Lessors are obtaining car rents 20-30 per cent below early 2015 — “if you’re lucky enough to keep your car in service”, said James Husband of RailSolutions, a consultancy.
http://www.zerohedge.com/news/2016-01-12/sorry-warren-buffett-things-just-went-bad-worse-us-railroads




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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