Hunter Harrison at CSX

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Re: Hunter Harrison at CSX

Postby Gilbert B Norman » Thu Dec 07, 2017 8:40 am

Hold your hat for this one; look who comes in at 200 on this Top 250 Pop Chart:

https://www.wsj.com/articles/the-most-e ... 1512482887

To save you the time for searching (print edition comes in handy for that, but then who else but me reads papers that way around here?), Yäger is the only "pure" railroad on the list as who knows how much BNSF contributes to Warren's 101st rank?
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Re: Hunter Harrison at CSX

Postby ccutler » Thu Dec 07, 2017 10:40 am

Such lists are usually obsequious and self-congratulatory in nature.
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Re: Hunter Harrison at CSX

Postby MattW » Fri Dec 08, 2017 2:02 pm

Gilbert B Norman wrote:Alphabet Route, Mr. Ex-Con? Now there's a "blast from the past".

Sometime during the '50's TRAINS had an article about the route and how all the railroads coordinated to make it work.

Mr. MattW, the Georgia Railroad was absorbed into the CSX system. I'm not sure to what extent Yäger, or for that matter his predecessors, have downgraded the "Silver Comet" Hamlet-Atlanta (Atl-Bham is a bicycle trail within GA). He may still need GA for an efficient handling of East Coast Atlanta traffic interchanged with NS at Augusta.

Gilbert B Norman wrote:Mr. MMI, from looking at the CSX map, Fitzgerald is on a route connecting WayX and Atlanta. That means if Northeast-Atlanta traffic is anything to Yäger, it must be routed south to WayX then North to Atlanta.

Doesn't sound like "Precision Railroading" to me.

So right now the Georgia road only carries two through trains, Q125/126, Memphis-Nashville-Atlanta-Savannah Intermodals. There are mixed freight turns from Atlanta to Lithonia and Augusta to Lithonia. There are also the occasional military, rock, and coal trains.

As for the Hamlet-Atlanta line (Abbeville line), it still seems to be going strong. It's single track with passing sidings, but CTC all the way into South Carolina as far as I know. So unless they do downgrade the Abbeville line, it's perfectly capable of handling NE-Atlanta traffic. Unfortunately for the Georgia road, the only new destination it would be potentially advantageous for is Charleston.
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Re: Hunter Harrison at CSX

Postby mmi16 » Sat Dec 09, 2017 4:20 pm

Gilbert B Norman wrote:Mr. MMI, from looking at the CSX map, Fitzgerald is on a route connecting WayX and Atlanta. That means if Northeast-Atlanta traffic is anything to Yäger, it must be routed south to WayX then North to Atlanta.

Doesn't sound like "Precision Railroading" to me.


NE traffic to Atlanta operate from Hamlet to Atlanta over the Abbeville and Monroe Subs. The Georgia Sub was the overflow route from Atlanta to Jacksonville via Augusta and Savannah.

The normal route between Nashville and Atlanta is via Chattanooga; the overflow route is via Birmingham and Lagrange. Pre EHH routings of specific trains at specific times depended on the operational condition of the sub divisions involved in the routes. Effective network management uses all the routings that the network has available - consistent with Clearance Restrictions, Tonnage ratings and crew availability. Focusing only on the primary routes can easily lead to gridlocked congestion.
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Re: Hunter Harrison at CSX

Postby Gilbert B Norman » Sat Dec 09, 2017 10:56 pm

Mr. MMI, your insight as to how CSX handles it's traffic in the Southeast region is very informative to me. Of course, Yäger may have better ideas.

I noted earlier in this discussion how even before Snowman, it seemed as if the entire SAL was something to be chopped up. It would appear that Abbeville and Monroe Subs that comprise the SAL "Silver Comet" route is going to be all that is left of the SAL away from Florida.

Bet you are glad to be retired.
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Re: Hunter Harrison at CSX

Postby Dick H » Sun Dec 10, 2017 3:52 pm

From FloridaPolitics.com
Arrangement’ between CSX, 4th circuit lawyers on blocked railroad crossings

http://floridapolitics.com/archives/251 ... ng-tickets
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Re: Hunter Harrison at CSX

Postby gokeefe » Sun Dec 10, 2017 9:36 pm

Dick H wrote:From FloridaPolitics.com
Arrangement’ between CSX, 4th circuit lawyers on blocked railroad crossings

http://floridapolitics.com/archives/251 ... ng-tickets


I could see this becoming fodder at the Surface Transportation Board. If you are going to claim federal pre-emption then I suppose one should be prepared to deal with a federal regulator. One could pretty easily argue that CSX is impeding interstate commerce if any of the crossings they are blocking are major highways.
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Re: Hunter Harrison at CSX

Postby KevinD » Thu Dec 14, 2017 10:01 pm

CSX Announces Medical Leave of CEO E. Hunter Harrison

https://finance.yahoo.com/news/csx-anno ... 09794.html
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Re: Hunter Harrison at CSX

Postby Gilbert B Norman » Fri Dec 15, 2017 8:58 am

Anyone care to sign up to hear the conference call set to begin in a half hour from now?

Anyone about to go and "short" their long positions with options (gee, wonder why this call occurs before the markets open)?

disclaimer: author no longer holds any position CSX; author further does not hold any licensure to act as an investment advisor.
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Re: Hunter Harrison at CSX

Postby s4ny » Fri Dec 15, 2017 9:18 am

CSX shares down 10% in pre-market. Is HH really that good?

Is any US railroad worth 20X the 2018 earnings estimate?
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Re: Hunter Harrison at CSX

Postby Gilbert B Norman » Fri Dec 15, 2017 10:07 am

For those who can stand "the heat in the kitchen", you would have picked up "a few $$$" this morning being "naked short".

Not I.
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Re: Hunter Harrison at CSX

Postby mmi16 » Fri Dec 15, 2017 1:27 pm

I feature EHH & Mantle Ridge have done Larceny by Trick. Only the 7% of the stockholders that voted against EHH's $84M 'signing bonus' were smart enough to see through hiring a invalid.
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