Railroads

[DooDiligence]

32 minutes ago, pricingpower said:

I was just thinking the other day how it's odd that forest fire liability risk has been likely massively growing for rails over the last decade but never gets talked about outside of a utilities context.  One structural advantage trucking is going to grow is that no one will be able to extract a $50bn settlement for starting a forest fire while deep pocketed rails are probably increasingly exposed... 

 

One time payouts vs being pecked to death.