How to lose money running a railroad January 1st, 2006
By RailPAC President Noel T. Braymer — The issue of profits and subsidy for rail service is confusing. Countries differ, but most rail service world wide make or lose money the same way. After World War II, most European and some Asian governments paid subsidies to maintain a high level of rail service in their counties. The United States, on the other hand, saw major reductions in the rail system in the 1950’s and 60’s in the face of shrinking profits and traffic.
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