01-26-2015, 09:00 AM
The Highball decals arrived today (ordered 1/18!). There are no decals to do the NYNJ customized GATX paint scheme but the generic GATX/GMTX decals are just fine with me. They permit a very universal use of the GP38-2.
ps. What is UP doing with their GP38-2? I found a lot of them in the GMTX roster but running MU'ed with other UP engines all over the country. Are they sold and leased back? That is a favorite method of book dressing to get rid of assets and get simple short term cost. But I assume old GP38-2 have an accounting value of $1 (fully depreciated). Why is it done?
![[Image: IMG_3891_zps466ecb92.jpg]](http://i966.photobucket.com/albums/ae149/faraway52/FL2015-1/IMG_3891_zps466ecb92.jpg)
ps. What is UP doing with their GP38-2? I found a lot of them in the GMTX roster but running MU'ed with other UP engines all over the country. Are they sold and leased back? That is a favorite method of book dressing to get rid of assets and get simple short term cost. But I assume old GP38-2 have an accounting value of $1 (fully depreciated). Why is it done?
Reinhard