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Onlyl two mega-railways in North America?
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[quote]QUOTE: <i>Originally posted by eridani</i> <br /><br /> <br /> <br />The Globe and Mail Report on Business speculates this morning there will soon be only two mega-railways in North America. <br /> <br />The article is based on an interview with CPR CEO Robert Ritchie who says the increasing importance of trade with Asia along the Pacific coast will force the consolidation. <br /> <br /> <br />It would certainly also reduce the variety of models available. <br />[/quote] <br /> <br />Anything is possible, but the Feds would have to approve of such a merger and they probably still remember bailing out the PC mess, or at least I hope they do. Conrail cost a lot of money form us as taxpayers and then it was sold and merged. <br /> <br />There is very little competition now and it would be less if two only two lage railroads existed. <br /> <br />I hope USRA does not happen again in our lifetime.
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