fixj
Service Attendant
Perhaps the Amtrak bottlenecks on CSX will improve under new leadership. Or Not?
With, or without EHH, I don't think Amtrak would be important on their agenda.GLM , I really agree with you, But CSX was so messed up lately I wonder what the board will do short term as well as the long view regarding Amtrak.Trains mag thinks CSX is now more stable and about to improve service. Time will tell.
Well said.The railroad is still under the control of the Wall Street hedge fund that put Harrison in control. They'll continue to suck as much money out of the company as possible without concern for shippers, employees or the public.
Yes. But he made it much worse. And I'm talking things that aren't related to Amtrak. At least the previous CEO actually cared about the employees safety.Things on CSX were messed up before EHH . Why should they get better ? LSL Albany - Cleveland; Southern services Richmond - Savannah; Crescent service --CSX fouling NS main just south of ATL station.
The sad part is.. It's true.The railroad is still under the control of the Wall Street hedge fund that put Harrison in control. They'll continue to suck as much money out of the company as possible without concern for shippers, employees or the public.
Yep - x4.The railroad is still under the control of the Wall Street hedge fund that put Harrison in control. They'll continue to suck as much money out of the company as possible without concern for shippers, employees or the public.
The people on Wall Street own the corporations like CSX and will do anything to see that profits are kept high and returned to the investors. They don't care about people, they don't give a rats azz about Amtrak. You can put Jesus and Moses in charge of CSX and it won't make a difference.The railroad is still under the control of the Wall Street hedge fund that put Harrison in control. They'll continue to suck as much money out of the company as possible without concern for shippers, employees or the public.
He can. Market cap of CSX: $47 billion. Berkshire Hathaway cash hoard: $109 billion, and he seems to be having trouble finding things to do with it. An all-cash buyout would be easy peasy.I don't see BN buying anyone out for one reason. They're not a public company. Warren Buffet seems to want to keep it that way.
Until that changes, the corporations will continue running themselves into the ground at the expense of absolutely everybody- including eventually the wall street morons. Excellent business reading suggestion: Did You Boscov Today?, which is available at your local Boscov's.The people on Wall Street own the corporations like CSX and will do anything to see that profits are kept high and returned to the investors. They don't care about people, they don't give a rats azz about Amtrak. You can put Jesus and Moses in charge of CSX and it won't make a difference.The railroad is still under the control of the Wall Street hedge fund that put Harrison in control. They'll continue to suck as much money out of the company as possible without concern for shippers, employees or the public.
Why, yes I did.Until that changes, the corporations will continue running themselves into the ground at the expense of absolutely everybody- including eventually the wall street morons. Excellent business reading suggestion: Did You Boscov Today?, which is available at your local Boscov's.The people on Wall Street own the corporations like CSX and will do anything to see that profits are kept high and returned to the investors. They don't care about people, they don't give a rats azz about Amtrak. You can put Jesus and Moses in charge of CSX and it won't make a difference.The railroad is still under the control of the Wall Street hedge fund that put Harrison in control. They'll continue to suck as much money out of the company as possible without concern for shippers, employees or the public.
*Like*I knew Al personally, and I miss him terribly. But that man knew exactly how to run a business, to the advantage of everyone- including, of course, himself. He made himself and his family immeasurably rich with that little chain. But he also knew how to treat his customers, his employees, and even his suppliers, so that a lot of people have gotten very comfortable.
He once told me the key to success is sincerity. And the key to sincerity is being sincere.
And that was Al. Nuts, happy, and sincere.
Enter your email address to join: