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<p>Amtrak's trains hoisted by other carriers have equipment depreciation.  Amtrak depreciates equipment (locomotives and cars) in groups up to 42 years, which probably means that the newer equipment is still incurring some depreciation and embedded interest charges, albeit relatively little.</p> <p>The hoist carriers may pass some depreciation through to Amtrak in their billings.  Again, without being able to look at the books, we simply don't know. </p>
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