Altamont Press Discussion Board :: Discussion :: Re: 17 Anniversary of the UP/SP Merger is today, 9/11!

Re: 17 Anniversary of the UP/SP Merger is today, 9/11!

Author: P. Kepler

Date: 09-13-2013 - 10:02

fkrock Wrote:
-------------------------------------------------------
> SP was badly overbuilt. Much was the result of
> trying to prevent competition. Apparently the
> thinking was that if we build a track between
> point A and point B, no competitor will. Many
> branches never created enough business to justify
> their cost. Also who needs three main lines up the
> Central Valley of California? But this didn't
> prevent a predecessor of Santa Fe from building
> one.
>
> The planned SP-Santa Fe merger robbed SP of its
> crown jewels, almost all its real estate. After
> the merger was prevented by the ICC, SP was
> condemned to eventual failure.

Thank you Fred, I completely forgot the "MERGER". A cascading series of poor decisions finally caught up with SP . There is something to be said for increasing the bottom line . Doing so in a conservative manner was something SP ignored.

Navigate: Previous Message•Next Message

Options: Reply To This Message•Quote This Message

Subject	Written By	Date/Time (PST)
17 Anniversary of the UP/SP Merger is today, 9/11!	Mr. Guy	09-11-2013 - 20:24
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	Stash	09-11-2013 - 21:40
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	P. Kepler	09-11-2013 - 22:26
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	HUTCH 7.62	09-11-2013 - 22:41
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	WAF	09-12-2013 - 15:10
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	SLOCONDR	09-12-2013 - 16:54
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	Sgt. Joe Friday	09-12-2013 - 17:49
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	SLOCONDR	09-12-2013 - 20:29
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	P. Kepler	09-12-2013 - 21:15
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	fkrock	09-13-2013 - 09:35
Re: 17 Anniversary of the UP/SP Merger is today, 9/11!	P. Kepler	09-13-2013 - 10:02

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:

P. Kepler Wrote:
-------------------------------------------------------
> fkrock Wrote:
> --------------------------------------------------
> -----
> > SP was badly overbuilt. Much was the result of
> > trying to prevent competition. Apparently the
> > thinking was that if we build a track between
> > point A and point B, no competitor will. Many
> > branches never created enough business to
> justify
> > their cost. Also who needs three main lines up
> the
> > Central Valley of California? But this didn't
> > prevent a predecessor of Santa Fe from building
> > one.
> > 
> > The planned SP-Santa Fe merger robbed SP of its
> > crown jewels, almost all its real estate. After
> > the merger was prevented by the ICC, SP was
> > condemned to eventual failure.
> 
> Thank you Fred, I completely forgot the "MERGER".
> A cascading series of poor decisions finally
> caught up with SP . There is something to be said
> for increasing the bottom line . Doing so in a
> conservative manner was something SP ignored.

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