Posted on 03/23/2021 11:51:42 AM PDT by em2vn
I don’t know if Class I is getting smaller, or the industry is just changing. I think a Class I railroad today has at least $250 million of annual revenue in 1992 dollars. It’s possible the current railroad business model makes it a bit easier for smaller railroads like the KCS hit that threshold.
KCS is a great railroad, however rail mergers are heating up with this one and CSX and PanAm. However, I hope both will not be allowed. CSX and PanAm got some problems with Vermont Rail System, since they will be surrounded by G&W railroads (New England Central and the new Berkshire & Eastern, who will be running the PAS line) and KCS has beautifully livered locomotives, CP’s locomotives are not livered as nicely... And besides stupid name (CanadianPacificKansasCity) Ugh...
Willie Green unavailable for comment.
That’s one way to get your headquarters out of Minneapolis.
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