pumpers wrote:Companies investing $$ is always a good thing. I'm a bit surprised to hear this (both the siding and Greenville Yd expansion) I admit, given all the general gloom and doom about RR traffic in NJ I usually hear. JS
The doom and gloom relates mostly to conventional traffic. Sure, some of that is justified, but there's a certain base of industry that, provided decent service, is bound both to NJ and to rail (chemicals, lumber yards, stone yards, any sort of warehouse that receives heavy products, etc).
I also think it's wrong to rag on unconventional freight. IM, trash and the like have been the
growth engine for NJ rail traffic over the last few decades, and in all likelihood will continue to be -- especially as PANAMAX expansion's and ship rerouting's effects are felt on container volumes at PANYNJ.