by tree68
Leo_Ames wrote:Single track instead of double track has been part of the standard Hunter Harrison game plan since his Illinois Central days.As long as I'm making money on my CSX stock, who cares? When I stop making money on CSX, I'll just go gamble on some other stock... [/sarcasm]
All the usual things are starting to happen. Eliminate infrastructure such as single tracking busy mainlines, eliminate helper districts regardless if they're making you money, kill off hump yards and up your dwell time in yards, make your employees buy all their own safety equipment, etc. At this point the man is so predictable, one wonders why they have to pay his salary just to implement his policies.
Some of the next things you'll see are shop closures and the elimination of locomotive rebuilding programs. If they're not gone yet, I wouldn't expect to see the Dash 3 program survive nor expect to see the C44-8W rebuild program that was being tested on the eve of his takeover be taken up past the initial prototypes that were delivered a few months back.
And while CSX has a motive power surplus and a lot of fat to trim as a result of new purchases far outstripping retirements in recent years while traffic has declined, I predict he'll take locomotive retirements too far. The company will soon be holding trains for lack or power or paying for expensive short-term leasors while modern SD70's sit idle, rusting away.
Tree
Everyone Goes Home - Safety Begins With Me
Opinions are my own. No Expiration Date
Everyone Goes Home - Safety Begins With Me
Opinions are my own. No Expiration Date