IAIS Railway.
http://www.omaha.com/index.php?u_pg=46&u_sid=1468970
This looks like it is related to the 286K issue which had been discussed in TRAINS a few issues back. Covered hoppers are getting larger and track needs to be upgraded to support the extra weight.
Remember- this is a loan, not a grant. (The railroad isput up as collateral against the loan.)…The truckers and barge companies get their improvements for free.
Trucking companies pay lots of fuel taxes (as do all of us) for improvements of the road systems.
Barges…I dont know about.
ed
I agree.[#ditto][#ditto]
I agree.[#ditto][#ditto]
I agree.[#ditto][#ditto]
Sorry about all of the replies. Oops. I was having trouble with my computer.
There was a study some years back, I believe in or by Maryland, that found that one truck did 1600 times as much damage to the road as one car. When truckers pay 1600 times the road-use taxes that I do, then I’ll have some sympathy for them
I don’t think we should look at trucking as an us vs. them conflict. I suppose shipping by rail and by truck go hand in hand. I haven’t seen too many trains delivering groceries to the local grocery store, and I haven’t seen trucks pulling 100 carloads of double stacked goods. Each has its place and purpose delivering products. As for trucks paying 1600 times the road use taxes we do, how do you suppose they’ll recoup the extra expense?
mike
DUH…the shippers will put it back on the railroads
No Interstate Highway pays real estate taxes to support schools and parks and hospitals and police and…
Railroads not only pay corporate taxes like trucking comopanies but pay real estate taxes in addition.
I noticed in an article about this that part of the money is to enable the IAIS to purchase a portion of line that they’d been leasing. Does anyone know about that–would it be portions of the line around Des Moines that UP (as CNW) had originally obtained, or would it be CSX between Bureau and Joliet?