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Short Line Investment
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I'm not up on the current situation, but the U.S. House of Representatives Subcommittee on Ground Transportation held hearings in 2000 relating, in part, to the large capital needs of regional and short lines. Seems the Class I movement to 286,000-lb. cars will put regional & short lines between a rock and a hard place, because the track they have is often from the days of substantially lighter cars dating back up to a century ago--track that just won't take the weights proposed--and the alternative of refusing newer cars would mean system breakdown between Class I and smaller roads. See: <br />http://www.house.gov/transportation/rail/hearing/07-25-00/turner.html And if anyone can update this information, please add to the discussion. But be forwarned that investing in other than Class I roads may entail future risks based on the need for capital to remain viable, much less profitable.
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