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Japan Says Sayonara to State Railroad; Ailing National System Is Split Up, Transferred to Private Sector
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Japanese National Railways, a mammoth state-owned network that
transported 19 million people a day, succumbed at midnight Tuesday to
chronic deficits, overstaffing and pork-barrel politicking. It was
115 years old.
The death had been expected. Last fall, following years of
deliberation, the Japanese parliament voted to split up and start
selling the system in one of the most far-reaching transfers by the
government since the post-war occupation.
At midnight, most workers and property of Japanese National
Railways (JNR) were passed to 11 newly created companies, which
eventually are to be ...
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