Missouri Pacific lives?????

[mopac]

My son took these two photographs yesterday in Manchester, CT. I never expected to see Missouri Pacific reporting marks at at this late date.

[attachment=0:1e91t0gv]MoPac 267362 Manchester, CT 06 FEB 2016 2 of 2.JPG[/attachment:1e91t0gv][attachment=1:1e91t0gv]MoPac 267362 Manchester, CT 06 FEB 2016 1 of 2.JPG[/attachment:1e91t0gv]

[peggyrothschild]

Ed
I’m certainly not an expert in railroad financing or leasing of equipment under an equipment trust but I believe if the Union Pacific were to move these MP cars under the UP’s ownership rather than the Mopac’s the bankers could negotiate a new (higher) finance rate. While I was still working for UP I saw many newly built covered hoppers with CMO reporting marks. So I think its done for a cost saving reason. Am sure others can correct me or add to this conversion.

[mopac]

@cduckworth wrote:

Ed
I’m certainly not an expert in railroad financing or leasing of equipment under an equipment trust but I believe if the Union Pacific were to move these MP cars under the UP’s ownership rather than the Mopac’s the bankers could negotiate a new (higher) finance rate. While I was still working for UP I saw many newly built covered hoppers with CMO reporting marks. So I think its done for a cost saving reason. Am sure others can correct me or add to this conversion.

So does this mean that as soon as the last car (from the MP-UP merger) still carrying MP reporting marks is scrapped the the MP will be truly gone from the rails? Or, are new cars being put on the rails with MP reporting marks?

[peggyrothschild]

Ed
Received an email today that UP is no longer buying equipment with MP reporting marks

[mopac]

Thank you for the update.

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