Summary of North American Rail Freight Traffic
The hope is that the spike in 2013 signals an upturn in the U.S. economy. As this chart of rail traffic shows, hope is not dead, but it is falling fast. The index has been bottoming around mid-to-late February; if it bottoms soon it will do so at a higher high from last year, which would be a positive sign for the hopium smokers. On the negative side, the pace of the decline is slowing and at worst the economy seems headed back to the slow growth seen for most of the past 5 years. Whether the stock market is happy with that growth rate is another question.
Hines Buys Greater Osaka Orix Shed to Expand in Japan
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Hines has acquired a fully leased warehouse in Greater Osaka for an
undisclosed price, with the announcement coming less than two weeks after
the US deve...
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