Tag Archives: raising money for new projects?

BUSINESS—I DON’T UNDERSTAND!

(IOWA PACIFIC operates the “EASTERN FLYER” train…above)

BUSINESS i DON’T UNDERSTAND

The current TRAINS MAGAZINE,

Has a story of a business scheeme…

Two profitable rail lines

Being sold during times

When business is a growing stream!

WATCO, the company buying,

Like crude oil haulage driving

Its bottom line,

They’ve a specialist mind,

To manage resource underlying.

Why sell railroads in growth phase?

The money can help other ways…

IOWA PACIFIC  works

On luxury train perks,

Perhaps they’re running extra days?

–Jonathan Caswell’