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BNSF boss says transport system nearing crisis

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Well, there's so much Mr. Rose avered that could be parsed and diced, but the fact remains that the actions of the railroads post-Staggers (mege-mergers, capacity retrenchment) is the cause of the current crisis. Now the rail oligarchy wants taxpayers to subsidize the expansion of the import intermodal corridors? Does anyone think these guys would be in favor of subsidizing NEW railroads into their captive service territories? Solution #1 is to break up the rail oligarchy via antitrust action to form separtate infrastructure and transporter entities. Then and only then can public funds be used in such massive outlay to provide capacity expansions (to be then utilized by all rail transporters), and do so within the philosophical constraints of encouraging free market competition. What Mr. Rose proposes is to deal with the devil, namely subsidizing rail monopolies to the benefit of overseas importers and to the chagrin of domestic rail shippers. "Higher shipping prices" he says? Tell that to those domestic rail shippers paying 400% of R/VC, aka memo to Mr. Rose: We're already paying higher shipping prices due to your railroad's actions. What are you suggesting, that we'll be paying 800% R/VC while our Chinese competitors continue to enjoy rates of 106% R/VC? Let's subsidize our trade deficit! What a concept!
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