[Date Prev][Date Next] [Chronological] [Thread] [Top]

Re: (erielack) equipment leases

SMT...

This makes sense to me.  Isn't it usually cheaper to keep an older locomotive running (as long as you have a supply of spare parts...not a problem in the mid-70s) than to buy something new?  If I had to get rid of anything, I'd start with the units that were pushing 30 years old, not the "teenagers".  Of course, without knowing any of the financial details about the "lease" or equipment trust, it would be speculation.  Is there a copy of it laying around somewhere?

Glad to meet you today, by the way.  Nice to finally put some faces with some names...

pat moore    

- -------------- Original message ----------------------
From: Smtimko_@_aol.com
>
> In a message dated 5/1/2008 9:25:37 A.M. Eastern Daylight Time,  
> paultup_@_alcatel-lucent.com writes:
> 
> Not sure  if the C424s were on a 15-year lease or not, but if the lease
> expired I  would imagine the EL would have traded them in on newer B-B
> power (the  planned purchases of U23Bs and GP38-2s pointed in  that
> direction).
> ..................
> Paul and list-----
>  
> It's doubtful that we'll ever know what the thought was in the Mechanical  
> Dept.  Former CMO Dave Huggins was probably the deciding factor.
>  
> It's all speculation on my part, but I disagree with you.  I think the  C-424 
> and C-425's would have survived the U23B and GP-38 delivery and continued  to 
> haul drags and hot metal trains in the Youngstown area, power the hopper  
> trains to North Randall, and be used on heavy locals, such as the Kent Local,  
> the Sand Man and replacing the F's and RS-3's on the Niles and the New Castle  
> Locals.  Remember, the Mahoning Division was a haven for the Baldwin Road  
> Switchers and the FM H-24-66 units.  The Centuries, while four-wheelers,  
> replaced 
> the older BLW and FM units quite nicely.
>  
> I believe the GP-38's and U23B's would have replaced GP7's and GP-9's on  
> transfer and local jobs in Buffalo, Gang Mills, Binghamton, etc., allowing the  
> GP's to be relegated to yard duty replacing aging NW-2's, etc.
>  
> Again, just my thoughts, but I don't believe that we would have seen new  $1M 
> units being assigned to Mahoning Division drags and hot metal service.
> 
> SMT
> 
>  
> 
> 
> 
> **************Wondering what's for Dinner Tonight? Get new twists on family 
> favorites at AOL Food.      
> (http://food.aol.com/dinner-tonight?NCID=aolfod00030000000001)
> 
> 
> 	The Erie Lackawanna Mailing List
> 	http://EL-List.railfan.net/
> 	To Unsubscribe: http://Lists.Railfan.net/erielackunsub.html




	The Erie Lackawanna Mailing List
	http://EL-List.railfan.net/
	To Unsubscribe: http://Lists.Railfan.net/erielackunsub.html

------------------------------