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It has been my experience that CSX is not as highly regarded as NS. Years of budget reductions and deferred maintenance are beginning to catch up to them. Usually, when deferred maintenance can no longer be tolerated, the large expense to bring the railroad to an acceptable level brings down top management. Unfortunately, it generally is not the one that caused the problem. Someone has to be a sacrificial victim. It probably will get worse before it gets better. I would be hesitant to hold stock in CSX right now...on the other hand I would not buy NS, but would hold it.
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