9/15/2010

Class I railroad executives expressed optimism about the economic rebound at a recent conference, easing concerns of some investors about a stalled recovery. Railway Age contributing editor Jason Seidl said executives noted among economic pluses in the industry "continued strength in automotive carloadings fueled by a recovering auto industry, robust intermodal traffic aided by burgeoning domestic moves, rebounding coal shipments, growing metals and minerals volumes, and favorable prospects for agricultural products, chemicals and potash."

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