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Stuff is coming out now. Prices are very high. I believe all the new parts are pretty much being bought up by a few big buyers that bid it back to gov contracts. GL would separate alot of the stuff into categories and do a different ending day for the different categories. GP lumps it all into 2...
I’m not saying they will go under. Just saying that looks can be deceiving. I don’t think they are making as much on this stuff as everyone thinks. I think they have big overhead and they give the gov a good part of the take.
One of the GP reps I just spoke to, that covers multiple smaller sites, told me his per site days were recently cut down to less. Presumably to save GP money. GP is good at selling the rolling stock. They give the gov the majority of the profit though. And a big operation like that has big...
They are brainstorming trying to figure out a way to maximize profit on the stuff. And they will with the generators and new engines. Stuff like that. But with the parts they are mostly just a bunch of parts. Nobody needs any of it until they need it. GP is paying the gov more than GL did. The...
I think the gov has an option to renew or they can put it back out to contract bid. GL can just bid on the contract again though. I don't think the parts contract is quite as profitable as the rolling stock one. I bet GL ends up with it either way.
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