Economics and Investing:
Reader SDP wrote in to inform us that the number of stored locomotives is much, much higher than we reported before. There are some railroad enthusiasts who track this kind of information, and this is from an April 11th communication: “Laid Up Power – BNSF has added to the Laid Up Good Order (LUGO) fleet this month. At the end of January, there were 1249 engines in LUGO status. As of April 4th,there are 1457 in LUGO status. This is up 101 more from March 1st when there were 1356 in LUGO status. While part of the fleet is laid …