by QB 52.32
markhb wrote:He may be the Congressman from the Berkshires, but he's also the chairman of the Ways and Means (tax) Committee, so you'd think they wouldn't want to aggravate him.Yes, and strong advocate for the MA East-West Passenger Rail project. He has jumped on the bandwagon weeks after his MA political associates.
Gilbert B Norman wrote:How in heavens did this takeover originated with Timmy's desire to stop playing with his Lionels, and maybe improve rail service in Maine, become "all about passengers"?Doubtful CSX's strategy in their play for PAR and 50% ownership and control of PAS does not directly and/or indirectly address growth of commuter and intercity passenger rail in Massachusetts as well as Boston metropolitan growth with transit-oriented development at the nexus. These growth pressures have been on-going for predecessor Conrail and CSX for over 30 years with an important player at CSX involved with past deals still in place and political power agitating and planning for transit-oriented development as well as expanded commuter and inland route Northeast Corridor intercity passenger rail on the B&A that might ultimately lead to a high-density, high-speed passenger railroad as far west as Springfield.
From my vantage point, it has been and continues to remain much too soon to conclude that CSX's strategy is simply about market growth north of Portland, ignoring an important on-going strategic pressure on CSX's New England freight franchise.