Inventories remain full, depressing US freight demand

PenneyVanderbilt

ORLANDO, Florida — Could U.S. freight volumes rise and overall economic growth slow? If that increase in freight volume accompanies significant de-stocking of “bloated” inventories, the answer is yes, an economist said at the 2016 NASSTRAC Shippers Conference here.

Investment in private inventories contributes to the expansion of real GDP, American Trucking Associations Chief Economist Bob Costello said in comments after a presentation to the conference. Cutting those business inventories pushes GDP down.

In 2014, inventory investment added 0.05 percentage points to annual GDP growth of 2.4 percent, Federal Reserve Bank data show. In 2015, that figure leaped to 0.17 points out of 2.4 percent growth. U.S. GDP growth would have been closer to 2.2 percent without the buildup.

GDP growth seems to have evaporated in the first quarter, after the economy expanded only 1.4 percent in the fourth quarter. The Federal Reserve Bank of Atlanta’s latest “GDPNow” estimate…

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Transit Museum in NYC shares MTA history, interactive exhibits

PenneyVanderbilt

New York’s Transit Museum is in the former Court Street station on the corner of Boerum Place and Schermerhorn Street in Downtown Brooklyn.

The station opened in 1936, but closed 10 years later because it wasn’t used enough, explained Regina Asborno, director of the museum. There were plans at the time to eventually connect the station to the Second Avenue line in Manhattan, but that never happened.

Since the museum is inside a former station, the entrance is just like any other entrance to a below-ground subway station. There is also a handicap-accessible entrance, but this is the main entrance.

In 2015, the museum had a record year with 170,000 visitors,

There was a shuttle train that operated at Court Street, but it only brought passengers to one other station about three blocks away, so it wasn’t necessary to keep. It was turned into a museum in the summer of…

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Atlantes and Caryatides

The Raven's Nest

Atlantes and Caryatides

Maybe sometimes it is in saying no that we can exist.

Atlantes and Caryatides, is there one stronger than the other? They are stuck carrying the weight of a dead architect’s dream. The mineral flesh of their stand and pose lifting carved mountains in these forgotten streets and alleys.

Would they bare holding up the gates of Hell while the tormented souls twist their tortured bodies’ within the rocks above their head.

Would their arms if not their beauty be strong enough?

I am going for a voyage outside of time, into an already written life but knowing my will may offers new angles at each turn.

We all absorb a succession of events or coincidences as they present themselves.

Before all the rules and morals, before the dictum I had to go back to the beginning. Our deep instincts get lost in the myriads of illusions our society throw…

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A Certain Day in May: The Moment of Giving

Wide Awake But Dreaming

Kerry’s Birthday Adventure is nearly over, and that’s because I managed my way through another night of nearly eight hundred word writing to bring this second scene to an end.  I didn’t think that was going to happen, but it did.

I even have proof, which is all that matters. I even have proof, which is all that matters.

Now, there isn’t much to say at this point about the writing:  it was just writing, you know?  You wanna know the payoff, which is something I’ve promised for a while.  Well, here it comes, just like the blog title says.

All excerpts from The Foundation Chronicles, Book Two: B For Bewitching, copyright 2015, 2016 by Cassidy Frazee)

They entered Salem Green, one of the numerous walkways found around downtown Salem, and they quickly found themselves in a small lot behind the restaurant where they would dine this evening. The moment she was certain they were alone Annie pulled Kerry to…

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Boston MBTA unveils rehabbed Government Center Station

PenneyVanderbilt

The Massachusetts Bay Transportation Authority (MBTA) yesterday reopened the Government Center Station in Boston, marking the completion of a two-year reconstruction project.

The station now features a glass head house structure and elevator access from street level to the Green and Blue line trolley routes.

Additionally, the station is now compliant with the Americans with Disabilities Act. Previously, riders could access the station only by stairways and escalators, Massachusetts Department of Transportation (MassDOT) officials said in a blog post.

Other upgrades include new escalators, LED signage, a new and expanded fare collection area, upgraded backup electrical power supply, improved interior finishes, and a new emergency exit structure on Cambridge Street.

“Crews have worked hard to keep our pledge to reopen the station in two years – a feat they were only able to accomplish by closing the entire station, rather than parts of it,” said MBTA General Manager Frank…

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INFOWORKS Great Railroad WebSite: 1980 Olympics, Troy Union RR and MORE

PenneyVanderbilt

It all started out when we got a note from Richard O. Aichele from Information Works Inc. in Saratoga Springs, NY. He commented on one of our WebSites about “Who Owns Grand Central” and then: “Back in 1980 I lived under GCT for several days between runs of the Irving Trust Winter Olympics Spacial.  I was the guy who had the fun of getting the five private cars together, dealing with the railroads and making the trips run as smoothly as possible.  I have some the details of it on my website www.inforworks.com/trains.htm
Still remember how different – quiet like a cathedral –  GCT was about 3 or 4 AM.

Took a look at his Website. Before I even got to the 1980 Olympics, I ran into a section on the Troy Union Railroad. (One of our favorites).

Then I got to his section on…

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