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Re: BHP nailed down to National tracks - "The Age" Article
In article <36d313b6.2833199@news.enternet.com.au> steam4me@enternet.com.au (Yuri J Sos/Melbourne AUS) writes:
>From: steam4me@enternet.com.au (Yuri J Sos/Melbourne AUS)
>Subject: BHP nailed down to National tracks - "The Age" Article
>Date: Tue, 23 Feb 1999 20:51:52 GMT
>In today's Business section of "The Age"
>at
>http://www.theage.com.au/daily/990224/bus/bus10.html
This is a good article and it brings up a couple of interesting points.
National Rail are yet to make a profit and are experiancing increased annual
losses.
This is despite having a fleet of the most modern and fuel efficient locos in
the country.
Also National Rail is now operating in accordance with worlds best practice
and achieving freight rates of 2.5 c per ntk , generally accepted as good as
you can get.
Under these sorts of conditions NRC should be making respectable profits,so
whats wrong.?
One has to ask what would any private owner of NRC do differantly to change
things around.?
MD