Posted:
#1
With increasing prices of gasoline and diesel, I'm wondering what people's opinions are of railways, in particular railway cargo business'. I havent researched any of this, but my theory is that companies will move away from transporting goods via trucks and move to railroads.
csx bni cp.ca cni.ca???
Is my theory already factored in to todays price of railway stocks?
Here in Japan, many companies have said they are saving up to 30% in revenues by switching to trains over trucks for transporting goods.
