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Industrial Manufacturing

Transportation Spending Booming for 2005 and Beyond: A Topic of Discussion on Monday October 4th Internet Broadcast of the Industry Today Radio Program

The level of competition in the automotive industry is escalating, as the foreign automakers and their tier suppliers establish more and more of a foothold in the U.S.,...

Released Friday, October 01, 2004

Transportation Spending Booming for 2005 and Beyond: A Topic of Discussion on Monday October 4th Internet Broadcast of the Industry Today Radio Program

Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). With spending anticipated to top $21 billion in 2005, the automotive and light rail industries are simply booming in North America.

The level of competition in the automotive industry is escalating, as the foreign automakers and their tier suppliers establish more and more of a foothold in the U.S., fueling the competitive juices on both sides. All this competition has led to more spending, as companies vie for a piece of the market.

In the transportation industry, light rail has steadily become a more and more viable alternative to traditional mass transit options, such as busing or park-and-ride for many cities across North America. As more starter systems have proven themselves each year, the spending on expansions and new systems has been increasing at dramatic rates.

For a more in-depth discussion of trends in these transportation industry segments, please join David Pickering, Industrial Manufacturing Group Manager for Industrialinfo.com and radio personality Crazy Al by tuning in Monday October 4, 2004, at 8:30am (CST) to Industrialinfo.com Radio.

If you miss the show, Click Here to hear this or any of the over 100 previous Industry Today shows covering topics important to industry spending, including trends, outlooks, and focus segments on specific industries.

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