Manage episode 377512435 series 3454750
It appears that the nation's Class 1 railroads are choosing to ignore recent history at its own peril. Consider 1997, when the Union Pacific tried to absorb the Southern Pacific Railroad, TWO YEARS AFTER the purchase of the Chicago & Northwestern. Can you say MELTDOWN? Things got so bad throughout the Midwest that the feds had to step in. We have shades of that happening again, and the feds are poised to step in... AGAIN.Support the show
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