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Eugene

(61,872 posts)
Wed Oct 11, 2017, 02:04 PM Oct 2017

CSX CEO apologizes for problems, customers demand improvement

Source: Reuters

#BUSINESS NEWS OCTOBER 11, 2017 / 7:10 AM / UPDATED AN HOUR AGO

CSX CEO apologizes for problems, customers demand improvement

Eric M. Johnson
4 MIN READ

(Reuters) - CSX Corp’s chief executive apologized on Wednesday for lengthy service disruptions as some major customers said the No. 3 U.S. railroad needs to improve its operations and outline plans for network upgrades.

CEO Hunter Harrison defended his vision for improved efficiency at CSX, something he calls “precision scheduled railroading,” as he appeared before a hearing of the U.S. Surface Transportation Board (STB) in Washington.

The STB announced the public hearing in August after customers complained of multiple service issues, including longer transit times, unreliable switching operations, inefficient car routings and poor communications with CSX customer service.

Harrison, appointed to the job in March, said his strategy was critical to his turnarounds of two Canadian railroads - Canadian Pacific Railway Ltd and Canadian National Railway Co.

Since he took over, Harrison has rapidly closed CSX rail yards, lengthened trains, mothballed locomotives, and slashed overtime pay and hundreds of jobs. He also changed the way rail cars are sorted in yards and replaced “unit” trains carrying a single commodity like coal or grain with trains carrying diverse freight.

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Read more: http://www.reuters.com/article/us-csx-disruptions/csx-ceo-apologizes-for-problems-customers-demand-improvement-idUSKBN1CG1BW
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CSX CEO apologizes for problems, customers demand improvement (Original Post) Eugene Oct 2017 OP
Interesting to hear. elleng Oct 2017 #1

elleng

(130,865 posts)
1. Interesting to hear.
Wed Oct 11, 2017, 02:30 PM
Oct 2017

Last edited Wed Oct 11, 2017, 03:13 PM - Edit history (1)

Had I not retired, I'd have been at that hearing, as STB staff. Lots of folks there liked Harrison, who's been 'in' RRs for a long time.

'Since he took over, Harrison has rapidly closed CSX rail yards, lengthened trains, mothballed locomotives, and slashed overtime pay and hundreds of jobs. He also changed the way rail cars are sorted in yards and replaced “unit” trains carrying a single commodity like coal or grain with trains carrying diverse freight.'

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