Hoping for better, but preparing for the worst in 2020

摘要

The rail equipment industry entered 2019 with cautious optimism, which is the best spin you could put on it. The real sentiment was probably more along the lines of "Hope for the best, but prepare for the worst," which is about what we had. With 2020 right around the corner, the "prepare for the worst" part is front and center again as the rail equipment community braces for more of the same next year.