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Title: "Ticking Time Bomb" Begins As Major US Railroads, Union Labor Seek Biden Intervention Amid Rail Shutdown Concerns
Source: [None]
URL Source: https://www.zerohedge.com/political ... k-biden-intervention-amid-rail
Published: Jun 16, 2022
Author: Tyler Durden
Post Date: 2022-06-16 07:25:00 by Horse
Keywords: None
Views: 143
Comments: 7

"The railroads would consider accepting the proffer, but the union leadership has already indicated that it will not."


Poster Comment:

Biden can't stop losing. Now it's the supply chain again.

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Begin Trace Mode for Comment # 3.

#1. To: Horse (#0)

Cornelius "the Commodore" Vanderbilt became a multimillionaire running a railroad at a time when locomotives required a crew of two (engineer/fireman) and each train required multiple brakemen and a conductor, along with hospitality staff for passenger trains. Not to mention the thousands of signal operators, all replaced with a couple $600 pc's. This at a time when there were dozens of competitors.

When dealing with freight, there were no cargo containers, each boxcar had to be loaded and unloaded by hand, and oil was shipped in barrels that had to be moved one at a time (some rope/pulley system I believe). Nowadays a single person operating a crane can transfer the entire contents of a flatcar to a waiting truck in a single move (two if they are double stacked).

With all these advances they can't get their act together, but there is a reason for that: government intervention.

Dakmar  posted on  2022-06-16   7:45:49 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Dakmar (#1)

Government intervened to bankrupt the railroads in favor of the trucking industry. Forty years I read a book about regulations being used to kill competition. I believe the title was The Triumph of Conservatism.

Horse  posted on  2022-06-16   7:57:34 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Horse (#2)

Government intervened to bankrupt the railroads in favor of the trucking industry.

I currently work in the recycling business.

All of the recycling they get in Montana must be shipped 1,600 miles by RAIL to Colorado to be processed.

We recycle cardboard, Aluminum and steel cans and plastics #1 and #2.

We also do newspaper and white paper we get from Golden Forms. They print register receipts for various companies like Pizza Hut. I imagine their finished products are shipped across the country. ;)

BTP Holdings  posted on  2022-06-16   8:13:44 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

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