I completely agree. I wrote a paper about this in college 10 years ago. It was like talking to democrat trying to tell anyone that railroads were more efficient and would make a comeback.
I needed this today. My husband works for a railroad, so hopefully it will be good for us too!
Santa Fe, all the way! BTW I bought BNSF stocks a few months ago. Doing well.
You’re right — railroads are far more efficient than 18 wheelers. I think the railroads will see more expansion in the years to come. 1 year may be too short a horizon, maybe 3? as the pain from oil won’t end until 2009 year end, and folks will change their minds only slowly this year, so you may only see substantial increases in EBITDA in 2009/2010