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[quote]QUOTE: Originally posted by DPD1 [quote]QUOTE: Originally posted by Limitedclear [quote]QUOTE: Originally posted by DPD1 [quote]QUOTE: Originally posted by Limitedclear Andrew - I was being a bit flip with my response above, but just like with any new business opportunity, transloading, putting in a new switch, siding for a customer or team track; the cost benefit has to pencil out. Can't tell you more without specifics... [/quote] There can also be other non-rail factors involved... Many railroads still own a lot of the properties next to their mains... In that scenario, the new business as a whole might make them the real money. The track, or even the rail service itself, might only be something to sweeten the real deal... Which is in the real-estate. Dave http://www.dpdproductions.com - Featuring the TrainTenna Railroad Scanner Antennas - [/quote] It is extremely rare in this day and age to have a line sold to a short line with any significant amount of property. Those days are long gone. Usually the line is stripped to its bare essentials and any outparcels sold before the line is even offered for sale. LC [/quote] Maybe we are talking about different scenarios. I know of a shortline in the Chicago area that just sold some land for millions, and still has plenty to sell. Yes, getting a trackside customer out of it would be icing on the cake. But how many carloads would you have to move to make that money? In today's business world, most railroads would be sold to a different owner before that would happen. If given the opportunity to make millions, I don't think many companies would turn somebody down because they weren't going to have a rail based business there. Dave http://www.dpdproductions.com - Featuring the TrainTenna Railroad Scanner Antennas - [/quote] Dave - I have no doubt railroads can make money selling land they already own. All I am saying is that if you are buying a short line from a Class 1 railroad nowadays don't expect that any property other than the ROW will go with the sale. Class 1s have whole departments that manage their real estate and long before a line is spun off, these folks have already sold any excess property beyond that absolutely necessary to operate the line. LC
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