Re: Telll me why?
Author: ron
Date: 11-05-2019 - 08:31

PRR2 Wrote:
-------------------------------------------------------
> A decline initiated by Biaggini in the early 70's
> when it was decided a better return was available
> by diversifying in telecom, real estate, and
> pipelines.
> Not unreasonable considering he was witnessing the
> collapse of the eastern roads followed by some in
> the Midwest.
> By the time deregulation finally came along, it
> was already too late. The failed merger with ATSF
> was the final straw.

A great assessment of the decline of SP. Biaggini didn't believe railroading had much of a future. When SP developed an industrial - warehousing complex in Sparks Nev. and did not include spurs and rail access you knew they had giving up.



Subject Written By Date/Time (PST)
  Telll me why? HUTCH 7.62 11-02-2019 - 21:40
  Re: Telll me why? david vartanoff 11-02-2019 - 23:58
  Re:golden pigs rule 7dmjw 11-03-2019 - 07:34
  I can't tell you why Noneau Baybie 11-03-2019 - 07:49
  Re: Telll me why? Randall Coleman III 11-03-2019 - 11:46
  Re: Telll me why? WAF 11-03-2019 - 11:53
  Re: Telll me why? SD7's looking good Jeepster 11-03-2019 - 13:25
  Re: Telll me why? PRR2 11-04-2019 - 13:24
  Re: Telll me why? ron 11-05-2019 - 08:31
  Re: Telll me why? PRR2 11-05-2019 - 12:57
  Re: Telll me why Elwood Dodd 11-04-2019 - 13:55


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