TTX wins 10-year pooling extension. (Interstate Commerce Commission has granted TTX and member railroads a ten-year extension for their flatcar pooling agreement) (Brief Article)

From: Railway Age | Date: October 1, 1994 | Copyright information

Confirming a vote taken on June 14, the Interstate Commerce Commission has issued a decision granting TTX and member railroads a 10-year extension of their flatcar pooling agreement.

TTX had asked for a 15-year extension, contending that this would strengthen its borrowing power and capital structure. The ICC rejected ...

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