Home Page Forums Prototype and Historical Freight Operations & Equipment Missouri Pacific lives?????

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  • #5685

    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]

    #7802
    Charles Duckworth
    Participant

      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.

      #7806

      @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?

      #7810
      Charles Duckworth
      Participant

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

        #7828

        Thank you for the update.

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