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Tealinc Touchbase Newsletter
2008
- July 2008 - Lumber Demand Expected To Further Decline in 2008; Recovery Expected in 2009
- CSX E-Business Workshop Planned For September 29 through October 1
- Car Repair Facility Labor Rate To Increase 3.1 Percent To $97.75 Effective July 1
- Federal Reserve Keeps Fund Rate At Two Percent Marking The First Time In Nine Months That Rates Haven't Been Cut
- June 2008 - Turmoil In The Credit Markets And A Weakening Economy Guarantee That Housing Markets Will Face Another Challenging Year
- Bill Aimed At Rebuilding Nation's Infrastructure Enters House
- Container Shortage Frustrates U.S. Exporters
- During April Policy Meeting, Federal Reserve Officials Downgraded Expectations For The Economy
- May 2008 - Global Steel Industry Predicted to Continue
Enjoying Strong Pricing For At Least The Next Two Quarters
- Norfolk Southern New "Pacesetter" Tool Aimed at Providing Shippers With More Control Over Their Supply Chains
- Slow Economy Will Restrict Freight Car Orders and Production
- AAR to Hold Customer Forum To Allow Shippers The Opportunity to Voice Their Concerns to Railroad Officers
- April 2008 - U.S. Demand For Domestic Corn Increasing To Support Ethanol Production
- Since 1990, Railroad Fuel Efficiency Has Improved By Over 25 Percent; Rail Transportation Three Times More Efficient Than Truck
- Strong Export Markets Boosting Rail Coal & Grain Movements; Housing Market Negatively Impacting Lumber, Wood and Intermodal Carloads
- Feds Attempt To Restore Confidence In The Economy With Another Three-Quarter Percentage Point Cut
- March 2008 - Spurred By Industrialization In Developing Countries, Global Demand For Aggregates Is Expected To Grow
- New CSX Price Look-Up Tool Now Available
- Carloads of Grain, Coal, Chemicals Up; Coke, Lumber and Wood Products, Crushed Stone, Sand & Gravel Down
- Since Congress Partially Deregulated The Rail Industry in 1980, Traffic Volume Has Increased By 95 Percent
- February 2008 - Near Record U.S. Coal Production Forecasted For 2008
- Canadian Pacific Railway and the Canadian Auto Workers Union Reach Tentative Three Year Agreement; Avert A Strike
- 2007 U.S. Rail Freight Traffic Second Highest In History
- Facing Fears of a Recession, Federal Reserve Slashes Federal Funds Rate to 3.5 Percent
- January 2008 - While U.S. Scrap Prices Weaken, International Steel Demand Predicted To Drive Scrap Demand Up
- Union Pacific to Implement Automated Process For Empty Car Billing
- Our Outlook For Rail Transportation In 2008
- Recession Fears Prompt Federal Reserve to Lower Funds Rate Another Quarter Point
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