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U S rail network faces looming freight crunch
The 140000 mile freight rail system is already congested with one track bottlenecks and delays. Experts warn demand could double in 25 years, raising shipping costs and prices on goods from lumber to grain while analysts debate realism of alarm and potential solutions. Public and private sectors weigh investments totaling about 148 billion dollars over 30 years to expand capacity and upgrade technology.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Associated Press
Paul Bingham
Global Insight
U.S. Chamber of Commerce
Randy Mullett
Transportation Research Board
Los Angeles
Baltimore
Peter DeFazio
Dore
Congressional
Kenneth Kremar
Global
Congress
Chamber
Belt Railway Co