Hunter aims for a three-peat
COVER STORY, RAILWAY AGE, OCTOBER 2017: After “a very ragged 90 days,” CSX seems to be settling down as its CEO gives his Precision Scheduled Railroading one more go.
COVER STORY, RAILWAY AGE, OCTOBER 2017: After “a very ragged 90 days,” CSX seems to be settling down as its CEO gives his Precision Scheduled Railroading one more go.
Railhead Corp. announced that it has signed a three-year contract with RailMarketplace, an e-commerce exchange created by BNSF Railway, CN, Canadian Pacific Railway, CSX Transportation, Norfolk Southern and Union Pacific Railroad.
Approximately one week before the Oct. 11 Surface Transportation Board hearing (curiously called a “public listening session” by the STB) on CSX service issues, the railroad is pointing to extended “positive trends” as President and CEO Hunter Harrison’s Precision Scheduled Railroading is implemented.
Thirty-two cars of a 178-car, 18,000-plus-ton CSX freight train carrying hazardous materials derailed early Wednesday, Aug. 2, in the small town of Hyndman (Bedford County), Pa., setting railcars and a garage on fire and prompting emergency officials to evacuate hundreds of nearby residents. No injuries were reported.
More than 80% of respondents to a CSX Service Quality survey issued by Cowen and Company say they have experienced service issues since the company initiated President and CEO Hunter Harrison’s Precision Railroading. According to Cowen Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, “nearly 40% [of respondents] have switched some freight to Norfolk Southern, and 67% have transferred freight to a trucker.”
CSX President and CEO E. Hunter Harrison, our two-time Railroader of the Year, reached out to me personally following publication of my blog, in this space, asking about the events at CSX since he took over the railroad. What I wrote was based solely on correspondence I received from various stakeholders. I promised Hunter that I would publish his response, unedited, and he could use as much space as needed:
Intermodal and transport provider Schneider and CSX have signed a new multi-year agreement.
CSX on October 11 updated service conditions, post-Hurricane Matthew:
Starting September 1, train traffic on the Louisville and Indiana Railroad (LIRC) between Louisville, Ky., and Seymour, Ind. will begin moving at increased capacity, faster and more often.
The Georgia & Florida Railway, LLC (GFRR), an affiliate of OmniTRAX, Inc., “continues to make shipping by rail easy” with the implementation of Railinc’s Interline Settlement System (ISS) in partnership with Norfolk Southern, CSX Transportation and GE Transportation’s Digital Solutions business. ISS is the standard process in the rail industry to share revenue when two or more railroads handle a shipment. Additional OmniTRAX rail lines will convert to ISS in collaboration with the company’s Class I rail partners during the coming months.