I'm going to guess that the author says "precision railroading" and consolidation but the real answer is just consolidation.
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Replying to @Molson_Hart
Another one I think is true: They aren't building more rail but demand creeps up with population growth.
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Replying to @orrdavid
Missed that one. New rail building seems impossible these days.
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Replying to @Molson_Hart @orrdavid
Was on a long flight and got through about 50% and then gave up. I read through all the CN stuff and he was just joining CP. The book never gets into the mechanics of anything. It never explains precision railroading or really anything related to operational efficiency.pic.twitter.com/cKGALaCC7W
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Replying to @Molson_Hart @orrdavid
shucks was hoping this book could help me get better handle on how real UNP op ratio expansion is.. and now the book is already on route to my house lol
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Replying to @compound100x @orrdavid
It might. 1. Not building more rail, while demand rises 2. Consolidation allows players to raise prices 3. Operational improvements that are never explained
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Replying to @Molson_Hart @orrdavid
but those are things we already know about.. i was hoping to get down to the nitty gritty execution precision railroad stuff
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Replying to @Molson_Hart @compound100x
If you find one with a better take let me know. The main question for an investment in
$unp or another railroad is how much more margins can improve.1 reply 0 retweets 2 likes
Main competitor is bnsf. Warren will play ball haha.
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