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Eastern Railroad Discussion > Class ones going back down the merger well again?Date: 05/12/25 16:01 Class ones going back down the merger well again? Author: Typhoon Date: 05/12/25 18:07 Re: Class ones going back down the merger well again? Author: jgilmore "Hello, UK? We need some advice on freight rail."
Article says if no growth then merge or shrink to grow earnings at least. Hmmm, that's a new one--heck, give it shot! JG Edited 3 time(s). Last edit at 05/12/25 20:26 by jgilmore. Date: 05/12/25 18:11 Re: Class ones going back down the merger well again? Author: MEKoch More mergers? The Big railroads cannot even operate what they have already. Bad service. Pushing away loose-car customers. Cutting off employees right and left. 18,000 ft. trains that die and break down.
Not a formula for growth, success or profit. Date: 05/12/25 19:37 Re: Class ones going back down the merger well again? Author: Ticeska OMG! What about some kind of imagination for some new BS on why this would be a good thing?!?! It's just the same old tired dribble shit.
One can almost read UP's Vena's mind: "I'm all for another merger if I'm the one running the show!". Date: 05/12/25 19:57 Re: Class ones going back down the merger well again? Author: Juniata Having endured the mergers that took place post Staggers till I retired in 2019; if I were a current rail shipper - my response would be an emphatic hell no!
CW Posted from iPhone Date: 05/13/25 06:59 Re: Class ones going back down the merger well again? Author: Lackawanna484 Money talks in DC. Mergers make a lot of money for people who pull the strings.
Posted from Android Date: 05/13/25 15:35 Re: Class ones going back down the merger well again? Author: howeld They complain that it takes 24-36 hours to get through Chicago but neither party wants to make the changes required to make it happen.
Date: 05/13/25 16:39 Re: Class ones going back down the merger well again? Author: Englewood On the bright side, after another bunch of mergers the few remaining employees will not have any layoff
worries. There will not be any more yards that could be closed and no more lines left to be abandoned. Date: 05/13/25 17:40 Re: Class ones going back down the merger well again? Author: coach "Mergers enhance and encourage efficiencies, while creating synergies in operations that improve service to our loyal customers. By offering "single line service" to a greater number of points, we can provide savings and more competitive freight deliveries to a broad spectrum of industries that rely upon us."
Yeah. Right. Date: 05/14/25 02:00 Re: Class ones going back down the merger well again? Author: ns1000 Lackawanna484 Wrote:
------------------------------------------------------- > Money talks in DC. Mergers make a lot of money for > people who pull the strings. > > Posted from Android Until the backlash starts from large shippers, coalition groups, etc. Date: 05/14/25 02:01 Re: Class ones going back down the merger well again? Author: ns1000 Englewood Wrote:
------------------------------------------------------- > On the bright side, after another bunch of mergers > the few remaining employees will not have any > layoff > worries. There will not be any more yards that > could be closed and no more lines left to be > abandoned. Don't count on it...... Posted from Android Date: 05/14/25 06:12 Re: Class ones going back down the merger well again? Author: AaronJ There are rumblings the Trump administration will force a removal of the 2001 STB merger rules in the next year as being an "overreach" of regulations. At that point it is the wild west of what happens next. Vena is a stooge but likely knows something is smoldering in the background or he wouldn't have made that statement. With that stated they better be prepared to either hand over complete or at least partial ownership in redundant/parallel routes such as portions of the central corridor (e.g., ex-DRGW), Cotton Belt, MKT routes, etc. to another rail such as CN. Same can be said of whoever of NS and CSX they would attempt to merge with as parallel routes and trackage rights along the coast and east of Chicago/St. Louis would be mandated to CN or CPKC.
Edited 3 time(s). Last edit at 05/14/25 06:18 by AaronJ. |