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The company would have its head office in Gothenburg and would lease rolling stock from SJ. NSB's chief executive officer, Osmund Ueland, became the company's first chair.
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"In order to keep retail occupancies up, property owners will likely be forced to accept lower rental rates from tenants with leases rolling over," the report noted in reference to those businesses with expiring lease agreements.
It is widely recognised that measuring return on capital employed is misleading for asset-light companies such as train operating companies (which primarily lease their rolling stock and, indeed, invest small amounts in tangible assets).
When in 1854 the Lancashire and Yorkshire Railway discontinued leasing its rolling stock to the LCSR, Sharpe arranged the manufacture of its own locomotives and carriages.
However, these companies do not typically own the trains but lease them from rolling stock companies.
Over his career he has acquired businesses ranging from pub companies to railway rolling stock leasing.
Two of the three companies that own the rolling stock leased to the train operating companies are owned in Jersey, the third is owned in Luxembourg.
Prideaux was a railway professional who had profited from privatisation by shrewdly investing in British Rail's old rolling stock, leased to the new operating companies.
Zinke has terminated review of the non-competitive federal coal leasing program; he is rolling back reforms that stop coal, oil and gas companies from cheating the government out of royalty payments; and he wants to repeal prohibitions on oil and gas practices that waste marketable gas extracted from public lands.
However, an anonymous contributor to the Guardian recently questioned the necessity of the programme, arguing that buying new trains is more expensive than leasing older rolling stock.
It published figures which showed that rolling stock companies, which lease most of the coaches and locomotives used by rail operators, had made huge profits in recent years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com