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French rail company makes $1.7 billion profit in 2007

While airlines and automakers struggle to minimize their losses as fuel prices keep climbing, at least one transportation company is thriving. French rail operator, SNCF, scored a profit of over $1.7 billion in 2007 and expects to do even better this year. SNCF operates the TGV trains that routinely travel at speeds up to 200 mph in commercial service. Unlike here in the US, rail companies in Europe and Asia have actually invested in the infrastructure and equipment to make train travel fast and reliable. Admittedly, in the days of cheap fuel, ... Read more →

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