New Switch = New Rail customer.

Anything pertaining to railfanning in Michigan.
User avatar
M.D.Bentley
Railroadfan...fan
Posts: 2473
Joined: Sat May 07, 2005 4:41 pm
Location: Downriver

Re: New Switch = New Rail customer.

Unread post by M.D.Bentley »

ConrailDetr​oit wrote:Has Metro Cicotte been an active shipper as of late?
Yes.

hoborich
Railroadfan...fan
Posts: 2992
Joined: Thu Nov 13, 2008 1:05 am
Location: Northern Michigan

Re: New Switch = New Rail customer.

Unread post by hoborich »

Anyone know the story behind this?
It was the usual parasites screwing the american people and lining their own pockets. And it's probably still going on! Basically, it is a borderline legal scheme to store aluminum for various owners of the aluminum, and charge them rent for storing the aluminum, and keep it off the world market, creating shortages and driving up the price of aluminum.

http://www.reuters.com/article/us-lme-w ... YZ20110729

http://www.cnbc.com/2014/06/03/how-alum ... ldman.html

http://www.nytimes.com/2013/07/21/busin ... .html?_r=0
Last edited by hoborich on Thu Mar 23, 2017 12:31 am, edited 2 times in total.
"Ask your doctor if medical advice from a TV commercial is right for you".

bctrainfan
Railroadfan...fan
Posts: 1091
Joined: Sat Jun 25, 2011 3:29 am
Location: Battle Creek, MI

Re: New Switch = New Rail customer.

Unread post by bctrainfan »

Hmmmmm..... some very interesting info there, Hobo!

Post Reply