Railroads: Casey Jones Is Dead

"Lou Menk says railroads should get out of the railroad business," cried an ad in the Wall Street Journal and other newspapers this week. "Who does he think he is?" Who, indeed, but the president of the 14,000-mile Chicago, Burlington & Quincy Railroad. Louis Wilson Menk obviously had more on his mind than his catchy headlines seemed to say. "We're not in the railroad business," continued the ad. "We're in the distribution business. Mere semantics?

No ... It's an attitude that forces us to think of this railroad as an extension of the shipper's total distribution system ... It compels...

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