Word: railings
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...coming months, has been working hard to find common ground with Boston’s leaders, who became irate this spring at Harvard’s purchase of a 91-acre plot which includes part of the turnpike as well as the area’s major rail yard...
Criticism came from leaders like Boston Mayor Thomas M. Menino and Secretary Grabauskas, who said that Harvard’s eventual development of the land would force out the area’s rail yard, an essential contributor to the local economy...
...rail's decline may not be terminal. For one thing, competition is finally being injected into the railroad system. Throughout the 1990s, the European Commission forced state railroads to split track management from management of passenger and freight services in an effort to break their stranglehold and pave the way for private rail operators. The liberalization program culminated earlier this year in a cautious first opening of the freight market to international competition. As of March 15, it became possible for private railroad operators to gain access to 50,000 km of track throughout the E.U. Several companies have already...
...benefits of competition in the passenger sector are murkier. The British experience has been horrendous. Britain completed the privatization of its rail system in 1997, breaking the formerly integrated network known as British Rail into more than 100 different firms. At the center was Railtrack, which had the task of maintaining the tracks, signals and stations. It contracted out the work, resulting in spiraling costs and a record of erratic maintenance that had fatal consequences, including a 1999 collision between two trains outside Paddington Station in London that killed 31 people. Criticism of the safety record was heightened...
Matthais Raith is showing Europe that railroads can be a growth industry. The 53-year-old native of Kaiserslautern runs a private German railroad company called Rail4Chem, which specializes in transporting hazardous chemicals, including sulfuric acid and paraffin. At a time when most state-owned rail-freight companies are losing money and customers, Raith's sales have almost tripled in the past two years, to €24 million. Rail4Chem was founded by the chemical giant BASF in 1999 after it bought a polyurethane and fertilizer plant in eastern Germany, only to find that state-owned Deutsche Bahn (DB) wasn...