Outlook 2017: Larry Laurello, Delta Railroad Construction Inc.

2016 was a slow year. As I told my staff, "We spent the year on cruise control." We have seen companies move out of their normal comfort zones and bid work they would not normally be involved with.

Right now, we are seeing a large amount of bidding, which points toward a good start to the season. Some of the work is new, but a lot of it is work that has been delayed for one reason or another.

I still don't see anything happening in the industry to suggest things will be much different than 2016. As the budgets for the transit authorities continue to tighten, the opportunity for the maintenance work to be outsourced increases. Delta Railroad Construction is planning to hold tight and continue to bid work until things start loosening up.

Hopefully, prices start coming up and everyone gets back to normal. Delta is celebrating 60 years in business 2017, and we have seen [years] much worse than 2016, so let’s see what happens in 2017.

Greg Grissom, Georgetown Rail Equipment Inc.
Bill Dorris, J-Track LLC Central Division
Kevin Riddett, RailWorks Corp.
Don Alexander, Savage