Panamax ships are low able to go through the Panama Canal - that is why they are called PanaMAX. Some traffic will still travel the old way - it just adding a new option. There is a trade-off between the cost of shipping and the cost of interest for inventory in transit. The question that I have is how much time will be saved when sending goods by ship through the canal doing 30 MPH Versus goods unloaded at Lazaro Cardenas or Long Beach and send by container train doing 40 MPH?
You don't know how long an ethanol train is because you are not an engineer!!!
I don't know how long an ethanol train is because I am not an engineer, but because I was so smart, I quit the railroad as a brakeman and got my B.S. in Math and my M.A. in Economics, transportation economics, so I KNOW that ethanol trains are most frequently about 100 60' tankers long and can be 120 60' tank cars long. And the oil usually has a higher flash point ~144 degrees, than ethanol ~ 61 degrees.
Again you opened your mouth before you engaged your brain. When if the last time you saw LNG tank cars derail? I don't remember any. Ethanol train? Nada,
We are already seeing the impact of Liquid and Compressed Natural Gas gas shipments because of a shortage of pipeline capacity .
Of course, revenue per ton-mile AND ton-miles by category would tell us lots more than carloads, but it would also tell the competition.
North American energy independence is within reach, and freight railroads – with an unparalleled safety record – are helping make it possible by transporting new supplies of crude oil.
Railroads have a tremendous safety record for moving hazardous materials, including crude oil.
An astounding 99.9977% of all rail hazmat shipments reach their destination without a release caused by train accident.
In 2012, railroads set new overall safety records, continuing a string of safety achievements reaching back decades.
Rail hazmat train accident rates have declined by 91% since 1980.
Freight rail and pipelines both have excellent safety records for transporting crude oil, although pipelines spill more of their product than railroads.
Over the past decade, total railroad crude oil spills equal less than one percent of the total pipelines spills. (2002-2012, railroads spilled 2,268 barrels total vs. pipelines’ 474,441 barrels total).
Last year, the pipeline crude oil spill percentage was 10 times that of the railroads (Rail = 0.00006% vs. pipelines = 0.0005% in 2012).
Over the past decade (2002-2012), the estimated spill rate for crude oil moving by rail was 0.38 compared with the estimated pipeline spill rate of 0.88 (measured as gallons spilled per million barrel miles moved).
Freight railroads have a solid track record for minimizing impacts to the environment.
Average pipeline spills are four times larger than the average rail spill, (average 65 barrels by rail vs. average 266 barrels for pipelines from 2002-2012).
Three quarters of railroad crude-oil spills, or 74% of the 129 incidents that occurred from 2002-2012, involved spills of less than five gallons.
Railroads are continuously improving safety when it comes to transporting crude oil and other hazardous materials.
Every day, across the country, railroads are inspecting tracks, locomotives, and cars carrying crude oil and other hazardous liquids.
However, the railroads are a leading indicator of growth in the economy. With the S & P 500 climbing like it is, I suspect that rails are a little behind where they should be.
New International Reader's Version (NIRV)
Obey Those in Authority
Romans Chapter 13: 1 - 7
1 All of you must be willing to obey completely those who rule over you. There are no authorities except the ones God has chosen. Those who now rule have been chosen by God. 2 So when you oppose the authorities, you are opposing those whom God has appointed. Those who do that will be judged.
3 If you do what is right, you won’t need to be afraid of your rulers. But watch out if you do what is wrong! You don’t want to be afraid of those in authority, do you? Then do what is right. The one in authority will praise you. 4 He serves God and will do you good. But if you do wrong, watch out! The ruler doesn’t carry a sword for no reason at all. He serves God. And God is carrying out his anger through him. The ruler punishes anyone who does wrong.
5 You must obey the authorities. Then you will not be punished. You must also obey them because you know it is right.
6 That’s also why you pay taxes. The authorities serve God. Ruling takes up all their time. 7 Give to everyone what you owe. Do you owe taxes? Then pay them. Do you owe anything else to the government? Then pay it. Do you owe respect? Then give it. Do you owe honor? Then show it.
Are you trying to compare a through girder bridge to a deck girder bridge? Depends on vertical clearance. Through girder bridges also shag shifted loads, causing major derailments.
IF there was any truth to global warming, the left wing media would be shouting out the figures daily about the increase of CO2 in the air. My son-in-law, Professor of Chemistry and not a believer in global warming, was involved in an interesting project. Look up "Iron Fertilization" on Wikipedia. His conclusion? There is a minor build up CO2, but it would be erased with the major eruption of a volcano; while iron would be a minor part of the cloud that would form, it would replenish the ocean and the average temperature of the earth would drop a couple of degrees.
No, barbarians like you who show contempt for those in authority. You should have served in the military to learn discipline and to show respect for those that outrank you.
There is a shortage of covered hoppers to ship sand, grain and fertilizer; what they did in the past was to make a top that convert coal hoppers to covered hoppers. The battle may have been lost , but the war is not lost yet.
Your reasoning is totally illogical. CSX is competing with shipments by road (intermodal) as well as shipping by water. I will bet that a lot of oil and coal is still being shipped by barge from Kentucky, Ohio and Pennsylvania to New Orleans that could be shipped by rail.
This question got me researching. I was quite unhappy when KO decided to go into the bottling business; this is going to affect it profitability. Try this:
do a graph comparing PEP and KO for 5 years and or 10 years. You may think, as many do, that over the short term the share price does not reflect the true value of the stock, but over the long term it can be a fairly reliable prognosticator.
now add the line for the S&P 500 index , or symbol SPY or symbol VOO.
AHA! neither PEP nor KO outpaces the 500 index and is more volatile.
End result - After some meditation, I sold my KO stock of 8 years and bought VXF, Vanguard Extended Market Index to complement the VOO that I already own..
Bad call, this stock is overpriced at 115. : )}
Found out about the jump while I was in Europe GLOAT