Wait a minute! The firings were just normal seasonal layoffs and everything was fine. Just a disgruntled employee angry she was fired who made unauthorized statements to the media. Everyone from Ed Ellis to Trains magazine told us the Texas State Railroad was just fine, and it was much ado about nothing in an era of fake news. Nothing to see here, just move along.
Talk about a sweetheart deal. Walk away from the lease and debt. This is the scenario you will see play out at all of these marginal operations in 2017. If anyone is wondering what will be left, there is only one formula to run: Does the majority of the line's revenue come from passenger operations? If the answer to that is yes, it is not in IPH's future.
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