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Rail Freight Tries to Catch Up March 26, 2006

Posted by tkcollier in Economy & Business, Science & Technology.
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Reuters Business Channel | Reuters.com Rail Freight Tries to Catch Up

"If a ship is loading up in China, we should know what's being loaded, where it's headed and when it's going to enter our network,".

The pace of U.S. imports has seen double-digit growth over the past three years as more goods originate in rapidly developing economies such as China and India.Combined with high fuel prices and an acute shortage of drivers hurting the trucking industry, a rising tide of cargo is hitting the rails, leaving railroads scrambling to match demand.

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