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Non-Tech : Railroads any one want to talk Railroads
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To: James F. Hopkins who wrote (2)8/4/1996 10:15:00 PM
From: John Stopforth   of 25
 
James
Thank you for responding to my post. I'm not only a rail fan but an
investor in rail stocks. My CP Rail stock just reached a new high.
I could write all night about the investments and changes in railroads
over the last ten years.
For example, when airlines were lossing billions of dollars the railways were making billions of dollars in the early 90's.
One of the good things Ronald Reagan did was to deregulate the railways and it has been up up and away ever since.
Cabooses have been eliminated, double stack container were introduced
in 1986 and are now a standard.
Bigger and more efficient diesel locomotives, computerized fuel injection and AC traction motors. BNSF bought seven hundred AC traction diesels which require much less maintenance than the standard
DC traction motors.
The biggest new is the amalgamation of Burlington Northern and the Santa Fe railroad and the pending amalgamation of the Union Pacific and the Southern Pacific. Both of these new railroads should have reduced cost and extended networks leading to higher profits.
The last steam engine I was on, was from Cusco, Peru to Machu Pichu in
1972. I've been around for a while myself, I remember steam locomotives as a child in the 1950's. Heck I even remember street
cars in Winnipeg in 1953 when I was a toddler. I've had the bug ever since.

John
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