Mergers and the Future of American Railroading: Who are the Railroads For?
https://medium.com/@TheTexanRhino/who-are-the-railroads-for-c6ab8375d4f0
Mergers and the Future of American Railroading: Who are the Railroads For?
https://medium.com/@TheTexanRhino/who-are-the-railroads-for-c6ab8375d4f0
5 Comments
Hi, I wrote this piece about some recent news in the American railroading space and what it could mean for the future of American rail. Given that the railroad companies keep trying to consolidate, we should question who that process benefits and what it means for American infrastructure in the long term. Around the world, rail consolidation and eventual nationalization have proven valuable to improving transportation. So how can we turn our consolidating corporate system into a more productive one?
Unless Americans start to push against current system (impossible) the answer will be exactly the same as it has been for a long time: the railroads are for the shareholders to make money.
Chinese style high speed rail built by the govt is the way to go.
we pay to maintain the rails….so we can get the corn and soy that we subsidize so that the Chinese will buy them for pig feed, from the heart land to the ports.
For every 100lbs of freight they should be required to move 1 person