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— by Pat Foran, Editor
The freight-rail realm remains on a slow-growth ride, the kind of slow that can make even the most optimistic of half-fullers question their stopwatches. "At what point is slow growth tantamount to no growth at all? If we're in a no-growth zone, how close might we be to another downturn?" I've heard these questions a bit more often this year, especially near the end of the first half — not surprising, considering how long the industry's been slow-growing it. But the bigger picture hasn't changed: Freight rail remains a growth industry, rail execs and most industry analysts continue to tell me. Growth certainly will be a theme at our annual RailTrends® summit, which will be held Nov. 21-22, at the W New York Hotel in New York City.
This year's RailTrends lineup is laden with industry leaders who can see the forest and the trees. Speakers include:
A host of other rail analysts and policy shapers will be with us, as well, talking short- and long-term trends — from the energy shift to the intermodal evolution to other plot lines that make rail a sure (if currently slow) growth story. For more information on the event, visit www.railtrends.com.