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Toughest Challenge for Railroads in Coming Years ?
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=verdana,geneva>In an analysis of what might become a problem for the railroad business, if we set aside anything to do with government regulations, public financing, railroad business practice, international trade, national business cycles, homeland security, foreign practices, management styles, or geopolitical concerns; we are kind of left with the sound of one hand clapping.<SPAN style="mso-spacerun: yes"> </SPAN></FONT></P><FONT face=verdana,geneva> <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></FONT> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=verdana,geneva>Looking at the topic in that vacuum, I cannot see anything that will be a problem for railroading.<SPAN style="mso-spacerun: yes"> </SPAN>Certainly railroads have demonstrated the ability to deal with virtually any kind of operating or construction problems that have occurred since their inception.<SPAN style="mso-spacerun: yes"> </SPAN>A sudden loss of employees with not enough in the replacement pipeline could be a problem, but I can’t see it becoming a showstopper.<SPAN style="mso-spacerun: yes"> </SPAN>It may require a heroic effort to come up with a new mass production training system, but that is doable.<SPAN style="mso-spacerun: yes"> </SPAN>About the worst I can see would be the ongoing liability from grade crossing crashes, or the possibility of other types of serious accidents.</FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2></FONT></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva><FONT size=2>The one thing that has proven fatal to railroads over and over is loss if business.<SPAN style="mso-spacerun: yes"> </SPAN>However, that has its roots over in those “other” dimensions of this topic.<SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT></SPAN></P>
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