Re: NWP Repairs
Author: shortline sammie
Date: 11-19-2007 - 19:54
Seems like all of the past operators quit operating because they simply RAN OUT OF MONEY. Why they ran out of money is most likely because there was not enough business to break even. This is a common problem of low density branchlines. If the McCloud can't make it with 60+ miles of track still in place and passable how is the NWP with many times that amount of track in deplorable condition ever going to break even if it ever again operates?
The short answer is it can't EXCEPT with huge government subsidy (most shortlines dont operate "for the fun of it" or "because they're nostalgic). NO!.... HELL NO!!! With the increased cost of everything railroad-related, the NWP will only exist as a government-funded boondoggle as any semblance of a "business model" or "pro forma" was buried under the last landslide.
The NWP is worth little than its NLV=(net liquidation value)and maybe not even that if it is allowed to deteriorate any more. It WILL HOWEVER continue to be a drain on the public coffers until someone wakes up and decides enough is enough.
I've watched this drama play out for over ten years; In 1996 I had a couple of 80-ton locomotives from Pacific Lumber stranded on flatcars at Willits until I was advised to unload them onto trucks if I ever wanted to see them in Portland in my lifetime. I took the advice; they would probably still be sitting in Willits if I hadn't. Other than dealing with the previous NWP operators and their incompetence, I don't have a dog in this fight (I have enough of my own to keep a progressive shortline in operation).
Shortline Sammie