Pondering on power

Kruglinski, Anthony
May 2009
Railway Age;May2009, Vol. 210 Issue 5, p10
Trade Publication
The author reflects on the impact of U.S. Environmental Protection Authority (EPA) regulation changes on locomotive operating lessors and contract switchers. He claims that while the industry does not complain about additional charges they have to place on end users due to these changes, the long-term impact of these rules on the market has not been considered. He questions the changes in the views of banks and other traditional long-term locomotive lessors on the residual risk they face due to the locomotives they purchase.


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