The Traderszone Network

Published in TZ Latest News 14 August, 2014 by The TZ Newswire Staff

Slow pace of rail recovery stirs fear of future woes

While Canada’s rail operators have nearly recovered, many U.S. operators lag far behind. The concerns are sharpest in the U.S. Farm Belt, with lawmakers fearful that the biggest crops on record may be slow to reach markets or could even rot.     “It’s like a sinking ship – you’re bailing out at one end, but it’s coming in the other end just as fast, if not faster,” said Citigroup Global Markets transportation analyst Christian Wetherbee.     Performance fell behind as loads grew: between April and June, U.S.

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