by gokeefe
Seems doubtful given the regulatory obstacles now in place to Class 1 mergers.
gokeefe
Railroad Forums
Moderator: MBTA F40PH-2C 1050
The precision scheduled railroading model adopted by CSX’s CEO Hunter Harrison to improve its efficiencies has helped the company make a substantial progress over the last few months. Evidently, its third-quarter 2017 earnings improved 6.3% year over year. Revenues in the period too rose owing to core pricing gains. The 10% increase in coal revenues is also encouraging.Read the rest of it and you won't see a single word about volumes or car traffic.
Knucklehead wrote:Gone are the days of "customer service" - even though they may be making money on a particular line or commodity, the profit margin is not worth it for the big guys. The only ones that benefit are the shareholder.This is where regional Class II railroads do a great job of picking up the slack. If CSX is making money on a given line and wants to divest it I feel very comfortable saying that it will be bought (and operated) by someone else.
Gilbert B Norman wrote:Sometime during the '50's TRAINS had an article about the route and how all the railroads coordinated to make it work.Cooperation was greatly spurred by the knowledge that each railroad had to do its part every day or they all would lose the business; same principle as a relay race--nobody better drop the baton.