Much Like 2009, U.S. Rail Spending Likely to Spike in 2010

SUGAR LAND--October 28, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--For rail spending in the United States, 2009 was certainly a banner year. Thanks, in part, to the transfer of power to a rail-friendly administration at the beginning of the year, rail expansions, upgrades and maintenance once again became fashionable, and government pocketbooks were opened, allowing financing dollars to flow to where they could do the most good. In addition, the stimulus bill helped refocus spending to the rail arena. The result has been a significant spike in spending this year in the rail sector, a spike that is likely to be repeated and possibly surpassed in 2010.