I did not think that this was going into a political discussion. Bucyrus simply asked to elaborate on my main points I stated so long ago. He wasn't asking me to change my option. If anyone else wants me to clarify on any of my statements; I will be more than happy to explain my views, or go into further discussion on what I have said. I think this is a good clean discussion on what all of us in the rail community think the larges challenges facing the industry are and how to secure it's future.
blownout cylinderRailway Man If you want to know what railroads can and cannot do, or can and cannot afford, please ask. What can any RR afford? What terms are we going on--over a 10 year period say? For example what is the ratio of capital projects to overall revenue that we are looking at? And how is that usually arrived at?
Railway Man If you want to know what railroads can and cannot do, or can and cannot afford, please ask.
What can any RR afford? What terms are we going on--over a 10 year period say? For example what is the ratio of capital projects to overall revenue that we are looking at? And how is that usually arrived at?
If a railroad is spending its own money, it can afford what provides enough return on investment to meet the needs of its investors. That's all. Each railroad has its own revenue target and ROI target. Look at their 10-K.
RWM
Our community is FREE to join. To participate you must either login or register for an account.