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Eastern Railroad Discussion > WSJ article on CSX's "Epic" Traffic Jam


Date: 08/24/17 17:00
WSJ article on CSX's "Epic" Traffic Jam
Author: funnelfan

Someone really should tally up just how much Mr Harrison is costing the US economy right now, and then make CSX pay that amount to it's customers for this BS;

http://www.foxbusiness.com/features/2017/08/23/csx-sparks-epic-railroad-traffic-jam-wsj-2.html

Ted Curphey
Ontario, OR



Date: 08/24/17 17:38
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: mukinduri

Thanks. The traffic pattern of CSX is much different to that of CN and CP as EHH is belatedly discovering.



Date: 08/24/17 18:53
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: CPR_4000

mukinduri Wrote:
-------------------------------------------------------
> Thanks. The traffic pattern of CSX is much
> different to that of CN and CP as EHH is belatedly
> discovering.

Much more complicated route structure than either of the Canadian roads.



Date: 08/24/17 19:00
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: RickRowlands

Even if his "Precision Railroading" works out as he says, how does he plan to smooth things over with all the customers he is screwing over right now? Once the customers find other ways of shipping, they may be reluctant to come back if they think they may get screwed over again.

Rick Rowlands
Hubbard, OH
Youngstown Steel Heritage



Date: 08/25/17 01:48
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: ClubCar

RickRowlands Wrote:
-------------------------------------------------------
> Even if his "Precision Railroading" works out as
> he says, how does he plan to smooth things over
> with all the customers he is screwing over right
> now? Once the customers find other ways of
> shipping, they may be reluctant to come back if
> they think they may get screwed over again.
There have been customers already who are saying "never again" and many have gone to Norfolk Southern where they can or to a trucking company. I do not understand why the board of directors at CSX don't do something with this man, oh but wait; are these directors all friends of him?
John



Date: 08/25/17 12:14
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: march_hare

The directors are all in on the pump and dump strategy in the first place.

Problem is, he can't even make the "pump" part work.



Date: 08/25/17 12:20
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: Lackawanna484

In fairness, neither EHH nor Mantle Ridge can sell their stock for almost five years. That doesn't fit the MO of a typical pump and dump.



Date: 08/25/17 12:56
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: TAW

Lackawanna484 Wrote:
-------------------------------------------------------
> In fairness, neither EHH nor Mantle Ridge can sell
> their stock for almost five years. That doesn't
> fit the MO of a typical pump and dump.

Nope, fits the MO of in over their heads.

TAW



Date: 08/25/17 13:10
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: Lackawanna484

TAW Wrote:
-------------------------------------------------------
> Lackawanna484 Wrote:
> --------------------------------------------------
> -----
> > In fairness, neither EHH nor Mantle Ridge can
> sell
> > their stock for almost five years. That
> doesn't
> > fit the MO of a typical pump and dump.
>
> Nope, fits the MO of in over their heads.
>
> TAW

Yes.

The directors, if they grow a spine, might have to negotiate a buyout. They can't fire him without a very high threshold, considering the agreement they made.



Date: 08/25/17 13:32
Re: WSJ article on CSX's "Epic" Traffic Jam
Author: ns1000

Lackawanna484 Wrote:
-------------------------------------------------------

> The directors, if they grow a spine, might have to
> negotiate a buyout.

They will have to pull their foot out of their mouth first......



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