Remember in the business of large steam, $4,000,000 doesnt go very far. they also have a great passanger car fleet and several diesels to service with that money.
And one turbo-electric too?
Likewise UP operating income in 2016 was 7.1 billion. It spent nearly a billion buying back it's own stock. 4 million is like digging thur your sofa seats for those guys.
Good to see the progress being made on Big Boy. 2 friends and I got a tour of the steam shop last summer and Ed showed us what was going on One of our friends knows Ed and has met him many times when he was been in KC area, so she helped us get our private tour. I can tell things are moving along and hopefully will continue to do so.
Great news. The tour sounded awesome.
Union Pacific does have a very strong sense of it's corporate history, and so they should. Stop and think about it, how many companys dating back to the 1860's are still in business nowadays? I can only think of a handful; Colt, Winchester, Remington, and believe it or not Milton Bradley, the board game people.
Quite an achievement when you realize it.
And the Long Island Rail Road
daveklepper And the Long Island Rail Road
Whoops! I forgot about them, although I'd hesistate to call them a "business" since the LIRR is state owned and run and doesn't have to make a profit like the others concerns I mentioned. But I'll concede the point, the LIRR is the oldest railroad in the country still operating under it's original name.
And there's one more I just thought of, the Strasburg Railroad!
Firelock76 Union Pacific does have a very strong sense of it's corporate history, and so they should. Stop and think about it, how many companys dating back to the 1860's are still in business nowadays? I can only think of a handful; Colt, Winchester, Remington, and believe it or not Milton Bradley, the board game people. Quite an achievement when you realize it.
I believe that Colt was absorbed by Fairbanks Morse during its corporate restructuring in the 1950's-1960's and the parent company renamed itself after its best known subdsidiary.
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