by ACeInTheHole
As much as I have my own thoughts and curiousities regarding 601 and 627, I think it is prudent to just wait and see, no point in keeping it going when the real answer as to their fate is still many months off.
Railroad Forums
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DutchRailnut wrote:European versions of this Siemens product have been returned to service with far more damage , repairs at Factory put unit back to as new condition, I am sure even Bear or Wilmington can do job.Weren't these "repaired" by purchasing three (I think) empty loco hulls from Siemens which were then filled with the electronics etc scavenged from the wrecked locos?
question is when can they start, as unit will be impounded till any and all legal claims have been resolved.
DutchRailnut wrote:no I am talking about crash damaged and repaired not parts donors.https://de.wikipedia.org/wiki/Siemens_E ... f.C3.A4lle" onclick="window.open(this.href);return false; (German-Language) - according to this, three wrecked Taurus were "repaired" by putting salvageable parts into new-build hulls. Two more Taurus have been wrecked (one burnt), but no mention of whether they were repaired or not.
khecht wrote:Tough to know at this point, really. But the incentive to repair if economically feasible will be higher since it's a newer, largely undepreciated asset. Assuming the repair cost is less than the replacement cost, generally the repair will be done. This is really no different from cars - older cars with significant damage may be "totalled" by the insurer as the repair cost exceeds its current value, whereas newer ones are less likely to be subject to that.Here's an interesting question: Does Amtrak depreciate their assets? Usually depreciation is an accounting concept to show loss of value due to age and use, which is then applied to the operating income in order to show the loss in value as an offset to the bottom line. That reduces the tax bill for a company like GE or Norfolk Southern. Given that Amtrak is a quasi-governmental entity, do they pay taxes? If not, do they need to depreciate their assets? Obviously most publicly owned passenger carriers operate their equipment far longer than the design life and accounting depreciation has little bearing on the actual life of the asset (read up on MACRS and ACRS if you want to really learn something, or maybe GBN can take the wheel here).
Gilbert B Norman wrote:While I should defer to others with better knowledge, there was an instance in which Amtrak (or outside contractor) made two AEM-7's into one. This arose from the "cornfield meet" that occurred atop Hell Gate Bridge circa 1984.Both of the meatballs 924, and 936 in that accident were repaired and returned to service.