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To: WayneS

That will not make Warren Buffett very happy.


8 posted on 01/14/2014 11:17:00 AM PST by VRWCarea51
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To: VRWCarea51
Mr. Buffet will be perfectly happy.

Tank cars, in North America, are privately owned; so when the railroad industry combines to prematurely retire the existing tank car fleet, they don't bear the direct cost. (Indirectly, they bear the cost of any inefficiency which might transfer a competitive advantage to a competing mode, but the railroad industry never really has come to grips with the fact that transportation is competitive).

15 posted on 01/14/2014 11:32:26 AM PST by Mr. Lucky
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