Name: Cup Of Joe
Employed as: Locomotive Engineer, for 10-20 years
Posted: 17 October 2014
You hit the nail on the head. CSX's upper management could care less
about their T&E Employees. All they care about is lining their pockets
and selling their well subsidized stock while we T%E people are out here
breaking our back, working on jointed rail, and dealing with the
incompetent management that they like to promote.
When I heard about a possible CSX CP merger, I was elated. Then a
friend pointed out what I knew, but had ignored. CSX has one of the
oldest engine fleets of any Class 1. Compared to other Class 1
railroads, CSX has the smallest and oldest fleet of rail cars that they
rent to their customers. CSX has a huge debt to equity ratio. Don't
even get me going on how the MOW guys say the ways they are ordered to
skip on maintenance in order to save a few dollars this month so that
they can spend several thousand dollars "out of another budget" when
the problem they could have fixed quickly initially, gets much much
Everyone is correct. CSX will jump over a dollar to save a dime, then
write about it in one of their monthly division rags. When upper
management gets wind of this, they turn around and brag about how they
saved a dime while jumping over a dollar to Wall Street. All the
while, unfortunately, investors who actually know about railroading are
laughing their arse off at CSX for having a bunch of incompetent idiots
that failed in their previous careers as managers, as their leaders.
Need an example? Look at Oscar. He helped run Pepsi Co into the
ground before he was thrown out. Tony Ingram. He was on the verge of
being fired at NS before Michael Ward hired him. Michael Ward. He's
never worked a day in his life on the railroad. He use to manage a
moving company that he ran into the ground until CSX plucked him up.
What is up with CSX hiring managers that other companies are on the
verge of firing for being incompetent? Does CSX's management figure
if they surround themselves with idiots, it will help make themselves
look better, and intellectually superior? If anyone knows the answer
to this, I am all ears.
While I am ranting. I am sorry to see that Piss Poor excuse for a
human, Pines is back on this site. I was hoping he was still in jail,
blocked, or I hate to say this, dead. What a waste of sperm and egg.
Here he is taking up time and space, and breathing air and eating food
that would better served going to a dog in the humane society on death
row. Pines. You need to find better things to do with your life.
There is probably a reason your wife opted to commit suicide by train,
and I'm guessing that was to get away from you.
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