SOURCE: Industrial Info Resources

Industrial Info Resources

October 11, 2012 06:10 ET

U.S. Rail Spending Remains Strong as 2012 Winds to a Close, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Oct 11, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Throughout the recession and during the recovery, the U.S. rail sector has managed to keep things on the right track. Spending in this key transportation sector took a hit, of course, as funding sources tightened their respective belts, but the sector changed how it financed its project activity and kept moving forward. Looking ahead, the rail sector has managed to overcome financing obstacles, and spending will remain strong in 2013 and beyond. Industrial Info is currently tracking $35.5 billion in freight, commuter or light rail projects that are being planned for the U.S.

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