The US economy began to slow in the third quarter of 2017, a period that has seen the first decline in growth in the past two years.The weak performance has led some economists to conclude that the US economic recovery is now over.A report released Monday by economists at the National Bureau of Economic Research…
Railway transportation costs have been in the headlines recently after an Australian government report revealed that the average train travel time was more than three times longer than in the United States.But it was the cost of freight railroads that caught our eye.The average train ride cost an average of $12,000, with an average daily…
Railway transport costs are often higher than average in Australia, according to a new study.Railway transport costs, which are used to fund the bulk of Australia’s rail transport, are estimated to be about $2,000 per passenger kilometre, compared with about $600 for the national average.The cost of milk transport is also higher, at $1,500 per…
The U.S. Federal Railroad Administration is warning of a “significant” safety problem with train travel between two states, citing an increase in the number of fatalities and derailments on rail lines.In a report published Tuesday, the FRA said that more than 700 people died and nearly 700,000 rail injuries were caused during a 12-month period…
The world has a milk transport infrastructure, but it’s not exactly the best in the world.As a result, many milk producers have been left struggling to compete with the big companies, and a new industry has sprung up in the middle of the U.S. border with Mexico.The U.C. Davis-based Dairy Farmers of America is hoping…
Railway transport companies in Ireland are scrambling to attract customers as the railways struggle to compete with global rail firms.Railway transport company MTN and its subsidiary NMT are looking to build a $15 billion, 40,000-kilometre railway in Co Wicklow that would connect the southern city of Londonderry to Cork.MTN has said the route could eventually…