MichiganRailroads.com - Lower Peninsula Railroads
[ Post a Response | MichiganRailroads.com - Lower Peninsula Railroads ]
Posted by Bill on 10/19/2017, 11:25 pm, in reply to "Re: clarification"
Well, as you know, here at the CN we had to buy up a bunch of UP and BNSF junk locos to fill the void after EHH left. We are now trying to make up from the extended deferred maintenance plus pay for all the PTC requirements that the government slapped on the railroads. This combination of cash expenditure did a fine job of flattening out the stock price escalation. But, alas, that doesn't matter. What did matter to him, was that he made the place look good while he was here, in the stockholders eyes that is...
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