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  • CSX Moved to 'Top Pick' by UBS [View article]
    if csx would keep enough employees to run trains and service customers they might be worth a crap.
    csx philosophy is they don't care if they don't have crews to run a train or deliver railcars when a customer wants it. they are going to get their money from a train sooner or later. they rather lose a $20k train than pay a couple more crewmen on the extra board a few bucks guarantee money. just hauling 3 car loads of raw fertilizer material will pay a crew to move a train no matter what the size and keep the customer happy. but they rather not. its probably why rail customers are complaining to congress about the exorbitant rates the carriers charge in their 'monopoly' and why shipments by rail are down.
    Jun 07 13:49 pm |Rating: 0 0 |Link to Comment
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