Unsafe tunnels found on Eugene to Coq...

Unsafe tunnels found on Eugene to Coquille line

There are 1 comment on the UTU News story from Sep 25, 2007, titled Unsafe tunnels found on Eugene to Coquille line. In it, UTU News reports that:

“Frankly, if we found something that we felt was a danger, we have the authority to shut it down”

Central Oregon & Pacific Railroad was closing operations between Eugene and Coquille on Friday because of unsafe tunnels, a step that may hurt several businesses that rely on it. via UTU News

Join the discussion below, or Read more at UTU News.

HedgeThis

Delray Beach, FL

#1 Oct 2, 2007
Just In: Fortress just woke up from a bad nightmare and decided that the multiple it paid for RailAmerica was too high. They paid based on an inflated EBITDA muliple and forgot that the railroad industry is actually capital intensive.

They actually bought RailAmerica to abandon and scrap the entire network. It is going to call A&K in Utah and work a deal. They are going to make Pioneer RailCorp seem like the Union Pacific.

Watch out Florida the FEC is next.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Coquille Discussions

Title Updated Last By Comments
News Survey: Oregonians oppose Coos Bay gas export p... Jun 7 We hate coos bay ... 2
News State investigation reveals discrimination at O... May 26 Joseph DeDominicis 5
michele inskeep disappointing as principal May 22 mcrystal 1
Plastic Bag Ban? May '18 Oregonresident 1
MESSAGE FROM GOD ( REPENT ) yes May '18 repent repent 1
A New Church Connected to a Cult (Oct '08) May '18 repent repent 115
MESSAGE FROM GOD ( REPENT ) yes May '18 repent repent 1

Coquille Jobs

Personal Finance

Coquille Mortgages