Steel Markets
October 18, 2014
Rail Industry Concerned New Regulations Will Slow Growth
Written by Sandy Williams
Rail traffic has increased year-over-year indicating a “resurging economy,” said Edward Hamberger, President and CEO of the Association of American Railroads (AAR), in a speech to the Railway Tie Association.
“An uptick in traffic spells great news for the overall economy and shows it’s headed in a positive direction,” Hamberger said. “We are finally experiencing the comeback we’ve all been waiting for and much of it is riding on our rails.”
