…may get Congress to quit cutting funds to Amtrac and to quit postponing implementation of Positive Train Control, might consider an investment in WAB which is the leading producer of PTC. (I personally have no idea whether the accident will have that effect or not.
From CNN (reporting on a House vote on Wednesday, less than 24 hours after the New York-bound train crashed)…
The appropriations committee also defeated an amendment that would have spent $825 million to fund a specific infrastructure improvement known as Positive Train Control, a system that combines GPS, wireless radio and computers to monitor trains and stop them from colliding, derailing or speeding.