On the NAFTA track

Article Abstract:

Short line railroad group RailTex attributes its growth to the easing of trade barriers by the North American Free Trade Agreement (NAFTA). The growth of trade between the US, Canada and Mexico has increased rail cargo transported by RailTex, improving its revenues from $2 mil in 1985 to $100 mil in 1995. RailTex had significant rail service between the US and Mexico prior to NAFTA, and is anticipating greater revenues with the full resolution of the trade restriction of NAFTA. RailTex provides feeder rail service to more than 3,800 miles of track between the US, Canada and Mexico, and has pre-empted the extension of free trade into Latin America by investing in an 11% equity interest in Ferrovia Centro Atlantica S.A. and another 6% equity interest in Ferrovia Sul Atlantica S.A.

Line-Haul Railroads, Railroad Freight Operations, Railroads, Rail Transportation, Railroads, line-haul operating, Rail freight, Forecasts and trends, Investments, Containerization (Freight), Containerization, Railroad holding companies, RailTex Inc., RTEX

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Privatization: it's working in Salt Lake County

Article Abstract:

Salt Lake County, UT, prides itself on the success of its privatization programs. The county, which began examining the potentials of privatization in the early 1980s, has already transferred some services to the public sector, namely, social services, the Salt Palace Convention Center and the Salt Lake Convention and Visitor's Bureau, among others. In 1989, it founded The Economic Development Corp. of Utah to synthesize the development efforts of municipalities and counties. Privatization was achieved minus significant tax increases and with a modest growth in public sector employment.

Economic policy, Privatization, Privatization (Business), Utah, Salt Lake County, Utah

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Kent County UK on track

Article Abstract:

The opening of the Channel Tunnel in Europe has generated interest on the strategic business location of Kent County, UK. Indeed, Kent County has the necessary ingredients to attract foreign investors. It has first-class but affordable residential buildings, efficient water and telecommunication services, and numerous business parks ready for occupation. Moreover, county areas are classified based on their economic aspects to facilitate investors. Million dollar plans are also underway to develop Kent's already excellent transportation facilities.

Location, England, Business parks, Kent, England, Industrial locations, Industrial location

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