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North American rail supply and China: Why we should be concerned

(Source: Railway Age story by Robert H. Cantwell, June 2, 2021)

NEW YORK — Caveat: I am a free-market capitalist who believes in the importance of trade to elevate global prosperity. I believe in comparative advantage, and how countries excel at the supply of certain goods and services, to the benefit of others. I now believe that there needs to be market boundaries, for the long-term health of entire industries and the well-being and security of our citizens.

Full story: Railway Age

Wednesday, June 2, 2021

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