Believable Dysfunction at SMART
Author: ron
Date: 06-01-2020 - 10:14
Why was the board meeting scheduled just two weeks before the loss of state funding to purchase the freight rights? A quick "yes" decision was needed to complete the deal before funding expired June 1st. There is no financial information. Doug Bosco stated that the railroad made a profit of about 200 thousand dollars a year. Take away the LPG tank car storage and SMART"S inflated costs and in short time the board will get reports of a money losing operation.Mr Mansourian was quoted that if the freight operation is not profitable the industries would go back to trucking.