Employed as: Locomotive Engineer, for 10-20 years
Posted: 28 July 2012
The proxy materials are a piece of cake! They clearly tell you the way
the board of minions wants you to vote, so you can easily vote the
opposite. That's what I do almost every year, except when those
morons from the CDF tried their takeover.
The real question is why people invest in such a retarded business
model to begin with. You look in the last 2 annuals, and it clearly
tells you that intermodal freight consists of 35% or so of the volume
of business we handle, but produce only 12% of the revenue. Now tell
me this, why does our company continue to subsidize this "China
Shipping Express", to the detriment of our carload, bill-paying
customers? Something is not right. While NS doubles the size of their
Bellevue, OH freight yard, CSX continues to chase this nickle and dime
crap of intermodal. It's insane.