Barron’s and Kiplinger’s Acknowledge Passenger Trains

Friday, August 08, 2008

Two periodicals have train-related stories of interest. In the weekly Barron’s (cover date August 4, but will soon be off news stands), the cover story is “ALL ABOARD! With gas prices high, traffic gnarly and imports buoyant, railroads look like terrific long-term investments. Just ask Warren Buffett. Why we like Bombardier, Burlington Northern and Canadian National” ("Ticket to Riches” in the online version).

Text does acknowledge Amtrak’s ridership (“up 12%”) and says “Wabtec, a brake manufacturer, is the only U.S.-traded play on passenger travel.”

Also, as noted in our September newsletter, the September issue of Kiplinger’s Personal Finance magazine (now on news stands) sports a letter from editor (and NARP member) Fred W. Frailey which discusses the decline of air travel and the need for passenger trains. Publisher Knight Kiplinger (editor in chief of this and two other publications) also has a column with good comments on the U.S. and its use of energy.

--Ross Capon

Posted by NARP

Tags: amtrak, energy, news media
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