Fred Frailey Column - "Disturbing"

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Gilbert B Norman
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Joined: Fri Mar 12, 2004 6:52 am
Location: Clarendon Hills, IL (BNSF Chicago Sub; MP 18.71)

Fred Frailey Column - "Disturbing"

Post by Gilbert B Norman » Fri Sep 27, 2019 3:24 pm

Fred Frailey's November 2019 TRAINS column regarding disinvestment "to make the numbers" by the Class I roads should be disturbing to any railroad stakeholder. It should be especially disturbing to learn that the BNSF is also engaging in this "unreported liquidation" practice as well. Here is pertinent Fair Use quotstion from Mr. Frailey's column:
That leaves BNSF Railway, which appears to be torn. I sense that CEO Carl Ice wants to keep investing in a bigger railroad, but last year BNSF returned twice as much to owner Berkshire Hathaway ($5.5 billion) than it had in 2016, and had to borrow to fund capital spending.
When Warren has made a major investment, his philosophy has been a holding period of "forever". As a result, BNSF needed not to be concerned with next quarter's "numbers" be they the "whispers" leaked to analysts or any other party in interest.

To date, the media has reported that BNSF has resisted pressures to adapt Precision Railroading on the property. What I've learned of these practices, PSR holds that the shipping community is there to serve the railroad, that will handle their traffic at their convenience. As such, it is an unreported liquidation of the property, for In a competitive transportation environment, it's supposed to be the other way around.

Now I suppose the next development will be BNSF embraces PSR.

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Rockingham Racer
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Re: Fred Frailey Column - "Disturbing"

Post by Rockingham Racer » Sat Sep 28, 2019 6:35 am

A video on Trainorders shows a stack/manifest combo running on the Seligman Subdivsion. Isn't that one of the hallmarks of PSR: combining two types of trains to run as one? They have also been doubling up empty coal trains to go back to the PRB.

Gilbert B Norman
Posts: 14162
Joined: Fri Mar 12, 2004 6:52 am
Location: Clarendon Hills, IL (BNSF Chicago Sub; MP 18.71)

Re: Fred Frailey Column - "Disturbing"

Post by Gilbert B Norman » Wed Oct 16, 2019 8:05 am

Yesterday, observed an Eastbound "hybrid" of manifest freight and an agricultural unit train (appeared loaded). This adds further to the observation about which Mr. Rockingham immediately reports, and that the practice has extended to the Chicago Sub

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