Mergers have improved this continuity but a limit has been reached in the network size of most rail operators. Attempts have been made to synchronize the interactions between rail operators for long-distance trade with the setting of intermodal unit trains.
Often bilateral, trilateral, or even quadrilateral arrangements are made between rail carriers and shipping companies to improve the intermodal interface at the major gateways or at points of interlining between major networks.
Chicago is the largest interlining center in North America, handling around 10 million TEUs per year, a location at the junction of the Eastern, Western, and Canadian rail systems.
Starting with the setting of NAFTA in rail mergers resulted in the involvement of Canadian and American operators offering cross-border services. This makes CN the only rail carrier in North America that has a tri-coastal strategy. Loading Comments Email Required Name Required Website. Buffett saw the railway as an idea way to play the bounce-back at a core level: resurgent demand for goods meant that those goods would need to be moved in greater numbers from point A to point B.
For Gates, on the other hand, being a latter-day railway tycoon seems far less in-character. A tech titan owning a big chunk of a business that runs on midth century technology? He's also responsible for promoting its story, which since he took over the company, has been an uplifting and compelling one — a tale of American comeback, cast in terms that excite the little kid in everyone.
Who doesn't get a thrill witnessing a long freight train, loaded with America goods bound for American markets and ultimately American customers, rolling through the America landscape? Buffett isn't giving up.
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