Rail Sector Continues to Plan for Future, Despite Lack of Funding Support, an Industrial Info News Alert

12 Aug, 2010 @ 05:00 am EDT

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SUGAR LAND, TX -- (Marketwire) -- 08/12/10 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- While the rail sector was hoping for the best with the change of administrations last year, they also were pessimistic that anything significant would be done to highlight the lack of federal funding allocated for rail-related projects in the United States. The passage of the stimulus package gave some false hope for those funds to become available and to spark a renaissance of rail project activity; however, the red tape that an agency had to deal with to receive the money was daunting. But despite these let downs, planning continues for rail projects that will best serve the transportation needs of the country in the future.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=164469, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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