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The only trains that are running at full capacity are the train sets in your basements. The real trains that move a substantial portion of our goods are in second gear. The Association of American Railroads estimates that 30% of their boxcars -- 206,000 -- have been placed in storage. Put end to end these cars would stretch from New York to Salt Lake City.
The cars are hiding in small towns throughout the country.
- New Castle, Indiana has a mile long stretch of about a hundred rail cars.
- A small New Jersey town found a two mile line of rail cars resting on an unused rail line in Cape May, New Jersey.
- In December Union Pacific Corp (NYSE: UNP) parked a three mile long string of cars in the small town of Thornton, Colorado.
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