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Page 1: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 2: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources

Short Lines Are Not Little Class I Railroads

Page 3: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources

The economic model for short lines is different:

Different and smaller customer base

Much smaller freight volume, revenues, system size

Access to financial resources

Short Lines Are Not Little Class I Railroads

Page 4: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 5: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 6: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 7: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 8: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 9: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 10: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 11: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 12: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 13: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 14: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 15: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 16: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 17: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 18: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 19: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 20: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 21: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 22: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources

Source: Transportation Weekly

Page 23: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources

Source: Transportation Weekly

Page 24: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 25: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 26: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 27: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 28: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 29: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 30: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 31: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 32: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 33: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 34: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources
Page 35: Short Lines Are Not...The economic model for short lines is different: Different and smaller customer base Much smaller freight volume, revenues, system size Access to financial resources

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