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To: Roos_Girl

The thing is there isn’t any passenger service that is profitable. So what are they really up to? Some say it is to take advantage of expanded freight capacity planned for the Port of Miami (Panama canal container ships. FEC (parent company, freight) plans some sort of expansion of rails at the port and AAF (passenger subsidiary of FEC) plans to double or triple track sections en route to Orlando (the rails shared with the freight service). So this passenger service scheme could be a ruse to gain advantages, like tax exempt bonds. At one point I think they were going for taxpayer guaranteed loans, but that was dead once people found out about it.


33 posted on 05/12/2015 7:46:37 PM PDT by Ray76 (Obama says, "Unlike my mum, Ruth has all the documents needed to prove who Mark's father was.")
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To: Ray76

That there is some scheme though I am sure. Wonder when we’ll learn what it really is. I figured it was for FEC to get upgraded rails that they won’t have to pay for and in a few years when they “realize” that so many passenger trips aren’t necessary they’ll have full use of the new tracks just for shipping.


36 posted on 05/12/2015 7:59:45 PM PDT by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
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