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Originally Posted by Stu from NYC
Seems to be a very slanted story. No word on salaries for the employees or featherbedding.
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all depends upon if the points the article make, confirms or not, your current beliefs of how the railroads should work.
Personally I have no experience with how a railroad works or should work. I only have maritime transportation industry experience. The article gave me insights to how the optimization processes have transformed a traditional industry from labor intensive to minimal labor. However, the industry appears very similar to the airline industry with scheduling optimization. Lots of federal airline regulation for labor requirements, max hours, backup requirements, similar to the maritime industry with continuous testing and safety education requirements, minimum labor requirements to work in the industry. Not so much with railroads. . . . obviously.
That technology transformation in labor reduction means less opportunities for future employment, seen it, been part of it, assisted in it in some places. There are many, many secondary and tertiary effects which are very similar to the monopolies and trusts of the 1920s and 30's, with the industrial transformation.
glad I am almost watching and not participating.