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STB Slideshow: Deep Water Ahead for Railroads
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[quote user="dldance"] <p>Why do you think the CEO of BNSF took journalists and analysts on a personally conducted tour of the 3 remaining single track sections in New Mexico? Seeing is believing. He wanted them to see lines of auto trains and intermodals (revenue) waiting to cross the Pecos River bridge. He wanted them to see that the investment in fixing those problems will better position BNSF in the growth areas of the trasportation business. </p><p>[/quote]</p><p>I expect those same journalists and analysts can also read the annual reports from BNSF and see that steamship intermodal only brings in half the revenues of domestic freight.</p><p>Okay, maybe not the journalists, most of whom are too stupid to tie their own shoes. But the analysts are paid to pore over the relevant finanial data, and they know like most of us that coal is paying the bills while ISO intermodal is mostly window dressing.</p><p>So if the unthinkable happens and the global warming fraudmongers win out, and we end up with carbon taxes and carbon emission restrictions, <em>and </em>demand for coal withers which in turn kills off coal hauling by the railroads..........</p><p><span class="smiley">[:(]</span></p><p><span class="smiley">.........well, that will be deep water indeed.</span></p>
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