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"...not pursuing business"! What a concept. Only works when one has monopoly power. <br /> <br />Let's also clarify. Truckers are NOT more price competitive than railroads. I haven't seen too many situations outside shorthaul corridors where nominal truck rates were lower than nominal rail rates. When we say that truckers are more "responsive", it simply means they're actually doing what the railroads in theory should be doing. It's not a situation of the railroad not covering their costs or not making "sufficient" profit (Hey, CSSH....., define "sufficient" profit. Is it 10% above costs? 20%? 100%? The answer is: Exactly one penny above all cost allocations. BTW, it's only a "rant" to those who don't have the cognitive ability to derive logic and reason). Rather, it's what every single economists predicts would happen when a monopoly market is created. Monopolists are very inefficient in their business approach, and this begins to show in examples of them turning down perfectly profitable business opportunities. <br /> <br />BNSF turns down the opportunity to serve smaller elevators because they engender monopoly characteristics, not because such service is "not sufficiently profitable". It is sufficiently profitable to those who deal with real competition each day.
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