Global railway industry bucks the trend
The business climate of the international railway industry remains on a high level in Q3/2019 quarter and is even registering a slight increase compared to Q2/2019. This is shown by the current SCI rail business index – a regular survey which the consultancy SCI Verkehr conducts among top managers in the global rail industry.
The slowdown in global economic growth and the negative news from important industries in Europe have so far had but little impact on the business climate index of the worldwide railway sector. The overall political climate stimulates the railway sector‘s positive expectations for the future like it has not done in a long time, the index concludes. (ben)