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[quote user="schlimm"] <blockquote> <div>And one benefit to the railroads that seems overlooked (I fail to understand why) in the discussion is that moderate (up to 160 mph) high speed lines in China (which would be HSR to us) will share track with very fast freight.  The benefit?  Reclaiming a lot of high-value, high-priority freight currently handled by Fed-Ex, trucks, etc.  I don't think that potential new business is chump change, and as a shareholder interested in the longer range, I don't think it should be overlooked simply because it is a change from present vision.  If the founders of Fed Ex had looked at things with so little foresight, the company would have been stillborn.</div> </blockquote> <div style="clear:both;"></div> [/quote] Yes there is potential to run faster freight trains and develop a whole new class of business, and that will be a change from the present vision.  But the far bigger change from the present vision is that the government will be developing this fast freight business as a public sector business.  So in that sense, the change from the present vision, from the private railroads’ perspective, could not be greater. And I am sure that the freight railroads would welcome new business opportunities, however, they worry about what those new opportunities will cost their present business.  I don’t blame them for being leery of partnering with the government, which can come in with no expertise, nothing to lose, and unlimited funding and regulatory power. The freight railroads are not exactly faced with the threat of nationalization here, but it is something along those lines when you look at the big picture.  If public HSR were fully implemented, the cost and value of that public entity would rival the cost and value of the freight rail plant  <o:p></o:p>
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