Quayle Alert:THE RAILROADS KNOW WHATS COMING,DO YOU? WHAT ARE YOU DOING TO PRPARE FOR THE COMING EMPTY SHELVES AND THE MAYHEM THAT’S GETTING READY TO KICK INTO HIGH GEAR!
SteveQuayle.com
Apr 1, 2016
I work for a major U.S. railway carrier. Just got informed that the number of units being “laid up”, or being taken out of service, is now being increased from 1650 to 1800 motors.
With an average of 3 motors per train, that’s 600 trains that no longer need moving about every other day. About 50% of this power is for moving coal to power plants, and the rest is for grain trains and moving product from the coast to distribution centers. People are not buying as much so there is less to move.
Just wanted to possibly help confirm about the reduction of semi truck traffic, it’s simply because there is a lot less freight coming in at the ports. Drop in freight shipments is about 6 to 8 months lagging the BDI. Shipments seem to have followed the BDI, almost to a T.
Engineer’s and conductor’s furloughed have reached approx. 5000 employees. Seriously not looking good since the railroads are pretty much the start of the distribution of goods in the U.S.
Plan for the worst, but pray for the best. Thanks for all you do and have done for everyone, including me. It is much appreciated and received.
