(The following appeared on the Investor’s Business Daily website on March 3, 2011.)
Coal is often viewed as a dirty and dated fuel source in America. But seems to get stronger and stronger.
Along the East Coast, coal traffic has picked up as long trains snake into ports in Baltimore, Norfolk and Hampton Roads, Va., laden with coal for Europe, Asia and Latin America. It’s boom time for Eastern producers such as Consolidated Energy, railroads like CSX and rail car maker FreightCar America.
The full story appears at www.investors.com.