Altamont Press Discussion Board :: Discussion

Re: Telll me why?

Author: PRR2

Date: 11-05-2019 - 12:57

ron Wrote:
-------------------------------------------------------
> 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.

True. It was also a matter of choice.
Kenefick, Jenks, and a few others went the other direction and fought for their railroads.
In the end, all three were successful in their choices.

Navigate: Previous Message•Next Message

Options: Reply To This Message•Quote This Message

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

Go to: Message List•Search

Subject:
Your Name:

Help information:

BBcode help

Spam prevention:

Please, enter the code that you see below in the input field. This is for blocking bots that try to post this form automatically.

 **     **  **     **   ******    **    **  **    ** 
 **     **   **   **   **    **   ***   **  ***   ** 
 **     **    ** **    **         ****  **  ****  ** 
 **     **     ***     **   ****  ** ** **  ** ** ** 
  **   **     ** **    **    **   **  ****  **  **** 
   ** **     **   **   **    **   **   ***  **   *** 
    ***     **     **   ******    **    **  **    **

Enter code:

PRR2 Wrote:
-------------------------------------------------------
> ron Wrote:
> --------------------------------------------------
> -----
> > 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.
> 
> True. It was also a matter of choice.
> Kenefick, Jenks, and a few others went the other
> direction and fought for their railroads.
> In the end, all three were successful in their
> choices.

This message board is maintained by:Altamont Press
You can send us an email at altamontpress1@gmail.com