A useful quote and a funny quote from Andrew F. Reardon TTX Pres and CEO. Which is which? You decide.
“At TTX, we utilize a rule of thumb which allows that on an annual basis, for every 10 cent increase in the price of a gallon of diesel fuel, 50,000 loads will be dirverted from the highway to rails.”
“Then there’s open access, another Washington euphemism. I strongly suspect that, somewhere hidden deep in the bowels of our nation’s capital, is a small, clandestine think tank whose sole mission is to create pleasant, appealing names for bad ideas.”
on a recent trip across the West to Texas, I noticed that in states with 75 mph speed limits that large trucks were generally traveling at about 65 mph. That may be due to the price fo fuel. Last year over the same routes trucks were more likely to be moving 70 - 75 mph.
I would say it’s more likely that they are governed at those speeds. I don’t know of any trucker that will drive under the speed limit to save fuel, even the owner operators.
I saw that article too. I must say I prefer the rest of the quote on “Open Access” in which Reardon states:
“And then we have ‘Open Access.’ It has that ring of fairness and equity --the notion that something should be available to one and all. When you scratch the surface, the ‘something’ is the investor’s private capital in an asset, and ‘the one and all’ are the investor’s competitors and customers.” In an open-access environment, “we would not be able to invest further in that appropriated asset. Nothing will devalue the railroad industry and rail supply industry faster than re-regulation.”
You’re just a bunch of psycho-obsessive trolls, aren’t you all?
Here’s another funny quote from the cult of anachronism - Regarding the DM&E expansion, Matt Rose has stated for all intents and purposes that intramodal competition “is bad public policy”. Of course they don’t come out and state it that way, better to spin the debate to things like “taxpayers subsidy” in the DM&E case, "socialis