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You are missing the key pay of the question: reduce costs for whom? Since railroads are effectively a (regulated) monopoly reducing costs for Norfolk Southern o
by ropeladder 8y ago
You are missing the key pay of the question: reduce costs for whom? Since railroads are effectively a (regulated) monopoly reducing costs for Norfolk Southern or CSX can mean Wall Street profits combined with worse service for customers at the same price.
- Nasrudith 8y agoWouldn't that be a question for regulators then in terms of how much profit can be extracted without lowering costs or using the savings on other investments?