Re: CEECO Done For
Author: BOB2
Date: 05-05-2009 - 16:08

The losses are mounting for the rail suppliers and shortlines, and we're in for a long slog to get back. Some of these can't get paid, so they can't pay the suppliers, so some of these folks may survive, by filing for bankruptcy protection, but others won't. I was chided for calling this a "depression", but since Warren Buffet's number two called it that, yesterday, I'll call it that too. It ain't like any other "recession" I've lived through. Railroads have seen container traffic from ports drop between 30 and 40 percent. This economy may have stopped going down so fast, but this is a long way from coming back. May end up so bad that even folks like Mitsy will be happy to hear the sound of a "noisy" train whistle?



Subject Written By Date/Time (PST)
  CEECO Done For Tunnelmotor Dave 05-05-2009 - 15:39
  Re: CEECO Done For BOB2 05-05-2009 - 16:08
  Re: CEECO Done For - Attn : Shortline Sammie & others George Andrews 05-05-2009 - 16:46
  Re: CEECO Done For - Attn : Shortline Sammie & others Tacoma Tim 05-05-2009 - 17:20
  Re: CEECO Done For - Attn: Shortline Sammie & others--just the beginning. Ralph Summers. 05-05-2009 - 19:38
  Re: CEECO Done For - Attn: Shortline Sammie & others . K-12 05-05-2009 - 19:41
  Re: CEECO Done For - Attn: Shortline Sammie & others . George Jenista 05-06-2009 - 09:48
  Re: CEECO Done For - Attn: Shortline Sammie & others . almo 05-06-2009 - 20:54
  Ralph... Info Signal 1011 05-05-2009 - 20:34
  Re: Ralph... Info Refugee 05-06-2009 - 00:35
  Re: Ralph... Info Democrat and proud 05-06-2009 - 09:55
  Re: Refugee from what? BOB2 05-06-2009 - 10:09
  Re: Refugee from what? Scott Schiechl 05-06-2009 - 10:26
  Re: Refugee from what? T Judah 05-07-2009 - 08:56
  Re: Public Defender? OldPoleBurner 05-07-2009 - 20:05
  Re: Ralph... Info Sean Hannity 05-06-2009 - 11:57
  Re: Take it to Topix--This is for Trains Troll Hunter 05-06-2009 - 12:55
  Re: Take it to Topix--This is for Trains K-12 05-06-2009 - 12:59
  Re: CEECO ??? George Andrews 05-06-2009 - 13:07
  Re: CEECO ??? Key Route Ken 05-06-2009 - 14:04
  Re: Intolerance Again? Refugee 05-06-2009 - 19:02
  Re: Intolerance Again? YouBet 05-08-2009 - 09:55
  Human Comedy Stymie 05-08-2009 - 11:38
  Re: Human Comedy Mahatma Kane Jeeves 05-09-2009 - 02:26
  Re: CEECO Done For - Attn : Shortline Sammie & others Taco Tim 05-08-2009 - 10:12
  Re: CEECO Done For - Attn : Shortline Sammie & others Rich Hunn 05-08-2009 - 15:04
  Re: CEECO Done For - Attn : Shortline Sammie & others George Andrews 05-08-2009 - 19:49


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