Malcolm Laughlin <mlaughlinnyc@...>
PRR did start buying standard AAR design freight cars in the 1950's
and that did not result in a miraculous financial turnaround. What
you see as unmitigated arrogance sounds like it could simply have
been good financial sense. Not everything that makes sense to one
railroad at one time and place makes sense to every other railroad
at that time and/or place.
It's not often that Tim and I are in complete agreement, but he really hit the nail on the head on this one. All of us should remember before criticizing management that different railroads faced very different situations in economics, cash availability, operating costs, traffic mix, etc.
Malcolm Laughlin, Editor 617-489-4383
New England Rail Shipper Directories
19 Holden Road, Belmont, MA 02478