Trains.com

News Wire: Analysts ask why Union Pacific isn't more like CSX

5203 views
33 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    December 2006
  • 1,754 posts
Posted by diningcar on Thursday, November 19, 2020 11:00 AM

Let us not overlook the huge managed funds which most of us have an interest in one form or another. 

  • Member since
    May 2003
  • From: US
  • 25,292 posts
Posted by BaltACD on Thursday, November 19, 2020 12:37 PM

diningcar
Let us not overlook the huge managed funds which most of us have an interest in one form or another. 

Most of those funds engage their computers to make their trading decisions.  Part of the run up in the market over the past few years has been computers trading aginst computers.

Never too old to have a happy childhood!

              

  • Member since
    June 2003
  • From: South Central,Ks
  • 7,170 posts
Posted by samfp1943 on Saturday, November 21, 2020 8:40 AM

BaltACD
diningcar
Let us not overlook the huge managed funds which most of us have an interest in one form or another. 
 
 

 
      In those "Good Old Days" (?)  We liked to think, that the 'business decisions' were possibly made by several guys, in the executive suite; or it might even have been just a couple of guys riding in  a business car, and coming up with an idea(?).
    Most recently, as Balt mentioned above, we operate in an environment of computers making 'decisions'; for other computers to implement....
        
Basicly now, those same decisions , in this age of computers; puts man on the point of spear. In this age of 'My algorythm, can beat your algorythm'. Management [good or bad ]is more the controled than the controler.  Whistling
 
 
 

 

 


 

  • Member since
    April 2016
  • 1,447 posts
Posted by Shadow the Cats owner on Saturday, November 21, 2020 9:30 PM

At least in the OTR industry for the most part it still is run by people in boardrooms not computer programming.  The last few companies that have tried to go all computer for everything well they've tended to fail quite spectacularly in the news.  

 

Some computer program told 2 major reefer carriers last year that containers were the way of the future those being Marten and the FFE KLLM group of carriers.  Then the realization that losing 3 tons of cargo weight hit them head on along with the loss of flexibility in not being a trailer in their sizable fleets.  Both of the wizards that pushed for those purchases in those carriers are gone from what I have found out.  Marten lost 2 major contracts due to those problems.  KLLM and FFE almost were thrown out of Tyson and Foster Farm chicken plants for not meeting weight hauling requirements with those containers.  Yes we have shippers that will break their contracts with a carrier if they can't haul a certain weight on a trailer.  We have several that demand 50k on our tanks.  

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy