Author Topic: Ruh Roh - Hunter at CSX  (Read 6732 times)

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mu26aeh

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Re: Ruh Roh - Hunter at CSX
« Reply #1 on: January 18, 2017, 08:55:48 PM »
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ah s$@$ !   :x :facepalm::x

C855B

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Re: Ruh Roh - Hunter at CSX
« Reply #2 on: January 18, 2017, 09:08:24 PM »
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Hmm. CSX has been a messed-up operation since... well... since inception. Really, how much more damage can he do? :|
...mike

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Sokramiketes

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Re: Ruh Roh - Hunter at CSX
« Reply #3 on: January 19, 2017, 08:08:01 AM »
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Is CSX big enough to account for waiving $118 million in post retirement benefits and awards? 
Mike

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Better modeling through peer pressure...

Blazeman

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Re: Ruh Roh - Hunter at CSX
« Reply #4 on: January 19, 2017, 08:26:58 AM »
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With the decline in coal traffic, look for him to rationalize a lot of assets, labor, motive power, rolling stock and trackage. And local service (first mile/last mile) will be challenged making life difficult for shippers. Glad my company's rail service at plants has minimal exposure to CSX.

Not mentioned would be any reaction by NS to what Hunter does given the moves they made earlier to fend off his grab.

TLOC

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Re: Ruh Roh - Hunter at CSX
« Reply #5 on: January 19, 2017, 10:03:12 AM »
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So in the next 2-3 years who does he get to merge with?. Can't believe he gave up 118 million without assurances he can do a merger from the board. That's where he'll make up for giving up  $118,000,000.00, WOW, lots of zeroes. He can't do enough cost cutting (jobs) to make up his lost money.

TomO

Ed Kapuscinski

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Re: Ruh Roh - Hunter at CSX
« Reply #6 on: January 19, 2017, 10:35:52 AM »
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What a cancer.

C855B

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Re: Ruh Roh - Hunter at CSX
« Reply #7 on: January 19, 2017, 11:10:43 AM »
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With the decline in coal traffic, look for him to rationalize a lot of assets, labor, motive power, rolling stock and trackage. And local service (first mile/last mile) will be challenged making life difficult for shippers. Glad my company's rail service at plants has minimal exposure to CSX. ...

Well, that's the thing. CSX did this sort of crap in the '80s, pretty much dismantling 40-50% of the "redundancies", leaving hundreds of shippers and whole regions without service. Of course Hunter will find more to cut, but it will be a push, and IMO leave CSX... frankly... non-viable, with UP and/or BNSF eventually slicing up the carcass.

But maybe that's the objective. :|
...mike

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We don't make mistakes, we have happy accidents. We just don't tell anybody. -Bob Ross

lock4244

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Re: Ruh Roh - Hunter at CSX
« Reply #8 on: January 23, 2017, 02:11:14 PM »
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The goal is to boost the share value. Period. When he's done, CSX will be a top performer on paper.

I expect Keith Creel will follow shortly.
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Lenny53

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Re: Ruh Roh - Hunter at CSX
« Reply #9 on: January 30, 2017, 09:55:12 AM »
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mu26aeh

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Re: Ruh Roh - Hunter at CSX
« Reply #10 on: January 30, 2017, 02:44:22 PM »
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So, CPX or CPSX ?   :|

Ed Kapuscinski

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Re: Ruh Roh - Hunter at CSX
« Reply #11 on: January 31, 2017, 12:22:22 PM »
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Whichever it is, it's not gonna be fun...

Bob Bufkin

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Re: Ruh Roh - Hunter at CSX
« Reply #12 on: January 31, 2017, 03:10:13 PM »
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Bad new for CSX.  Lately coal has been picking up for export in Baltimore which is a good thing.  You should here what the many CSX employees had to say about this.  None of it good.  Man is a cancer to any railroad.