Trains.com

Texas State Railway looking to dump Iowa Pacific

936 views
2 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    June 2009
  • From: Dallas, TX
  • 6,952 posts
Texas State Railway looking to dump Iowa Pacific
Posted by CMStPnP on Tuesday, February 14, 2017 12:43 AM

H-h-h-h-m-m-m-m, again reads like someone concerned about an overly shoestring operation.

http://trn.trains.com/news/news-wire/2017/02/13-iowa-pacific

 

  • Member since
    July 2006
  • 9,610 posts
Posted by schlimm on Tuesday, February 14, 2017 9:09 AM

Cannot read, but past history would suggest IP is undercapitalized.

C&NW, CA&E, MILW, CGW and IC fan

  • Member since
    June 2009
  • From: Dallas, TX
  • 6,952 posts
Posted by CMStPnP on Tuesday, February 14, 2017 10:59 AM

From what I am reading he ticked off the state by reducing employment so dramatically after December (which is normal in this state) but here it is Mid-Februrary and he has not hired anyone back yet for training for the March opening.    Also, the plans for making the 100% tourist railroad a true shortline railroad with frieght traffic have kind of fizzled out.

They are worried about the amount of folks let go and the fact IP has not hired anyone back yet for the March ramp-up of service.

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy