US vs. EU LOCO
Am not much in the know about the US domestic/regional vs. EU market. But what is it that seems to have caused so many problems for the locos there. I hear of less EU ones going to the wall than US. Is this just due to the higher number of such operators, oversupply, problems with underlying costs or is it management pure and simple? Despite the slowdown in Europe, no big names have headed down the pan yet (possibly just a question of time), and in fact some are still growing at a fair pace? Just curious.