All Aboard for Railroad Opportunities [View article]
sorry gents but traffic is declining at rapid rates and so will profits as the fixed costs of railroads are enromous and the revenues are just not cutting it. railroads failed to keep retail freight that trucks have which equates to more commodity based cyclical revenues and traffic regardless of cost cutting, long term railroads will be marginal because they have merged and become less compeditive and are very slow to innovate and be aggressive with adding less cyclical higher end non commodity traffic. railroads still costs sut instead of aggressively sell thier services and act like they are still regulated. rarely do you ever see any railroad sales people looking for traffic. the door to door high profit and high hassle trade they gave up. breaking up railroads into 6 transcontenentials and providing an aggressive national rail policy is the only way to save this industry. the only way railroads currently can survive is to constantly costs cut, eliminate infrastucture capacity for short term gains and continually defer maintenance and never are they aligned with demand curves as they are always behind never maximizing profits like they have potential to do so. railroads basicly fritter away opportunities to triple thier freight volumes because they are negative in thier dealings with employees, innovation and agressive creative sales, they take few risks therefore they will never really flourish just a group of old non innovative costs cutting tightwads never to realize full potential
Sort by:
Latest | Highest ratedAll Aboard for Railroad Opportunities [View article]