oltmanndEHH is magic.
It would make things so much simpler
Bruce
So shovel the coal, let this rattler roll.
"A Train is a Place Going Somewhere" CP Rail Public Timetable
"O. S. Irricana"
. . . __ . ______
UlrichThey're doughnuts.. or donuts. One can only expect so much from a donut regardless of who's logo hangs in the store window.
Coming from the land of mennonites and amish - no franchise donut compares to the real thing.
Back to topic for a minute. When EHH issues a plan that calls for the idling of 300 engines, closure of yards and secondaries, is it any wonder why so many are a bit apprehensive? Whether you think it is a good idea or not, it seems a strange tactic to use to announce such a thing so early.
It's been fun. But it isn't much fun anymore. Signing off for now.
The opinions expressed here represent my own and not those of my employer, any other railroad, company, or person.t fun any
Can't argue with that.. handmade with loving care always beats frozen out of a truck.
Ulrich Can't argue with that.. handmade with loving care always beats frozen out of a truck.
And lard. Don't forget lard.
Ulrich Convicted One Tim Horton's recently opened it's first location in my town. Hardly seems worth all the to-do I've heard for years. They're doughnuts.. or donuts. One can only expect so much from a donut regardless of whose logo hangs in the store window.
Convicted One Tim Horton's recently opened it's first location in my town. Hardly seems worth all the to-do I've heard for years.
Tim Horton's recently opened it's first location in my town. Hardly seems worth all the to-do I've heard for years.
They're doughnuts.. or donuts. One can only expect so much from a donut regardless of whose logo hangs in the store window.
Good one!
Convicted One Miningman One would have to wade through all those pages of the merger proposal to see what the supposed benefits would be "Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CP's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information," . . . [snipped - PDN]
Miningman One would have to wade through all those pages of the merger proposal to see what the supposed benefits would be
"Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CP's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information," . . . [snipped - PDN]
zugmannComing from the land of mennonites and amish - no franchise donut compares to the real thing. Back to topic for a minute. When EHH issues a plan that calls for the idling of 300 engines, closure of yards and secondaries, is it any wonder why so many are a bit apprehensive? Whether you think it is a good idea or not, it seems a strange tactic to use to announce such a thing so early.
Yeah, it's the lard. Around here, the day before Lent - "Fat Tuesday" - the doughnuts are called "fastnachts".
- Paul North.
Paul_D_North_JrYeah, it's the lard. Around here, the day before Lent - "Fat Tuesday" - the doughnuts are called "fastnachts".
If they are doughnuts - then they are NOT true fastnachts!
I think it's kind of like when Nancy Pelosi said on Obamacare " We have to pass the bill then we can read what's in it".....
Seriously folks I don't think the merger has any legs. It's preposterous in fact.
Because we are losing money, let's buy out all the others losing money, so we can all just lose more money as one, instead of some money alone.
Yep, I see PC happening all over again if either of these mergers happen... But, they won't pass the STB increased competition test, so they won't happen. (Especially when everyone and their brother knows that the merger will decrease competition as the new owners will do the "slash and burn" style restructuring that EHH brought to both CN and then CP. Less lines equals less competition available.)
What some people won't try simply to make a quick dollar....
Ricky W.
HO scale Proto-freelancer.
My Railroad rules:
1: It's my railroad, my rules.
2: It's for having fun and enjoyment.
3: Any objections, consult above rules.
ricktrains4824What some people won't try simply to make a quick dollar....
Larry Resident Microferroequinologist (at least at my house) Everyone goes home; Safety begins with you My Opinion. Standard Disclaimers Apply. No Expiration Date Come ride the rails with me! There's one thing about humility - the moment you think you've got it, you've lost it...
There's a similar article in today's (Weds., 02 Mar. 2016) Wall Street Journal, pgs. B-1 and B-2, first reported yesterday, March 1st.
But they goofed - they missed it by a month: April Fool's Day is April 1st, not March 1st. Cause this has to be a joke, right ? If railroading had stand-up comedy clubs, this'd be the main subject for at least a week. I could never think it up . . .
Harrison & Ackman: Ego - 100%; credibility - 0%. Or is it financial desperation ? (see articles on Ackman's Valeant holdings continuing to decline in value)
If EHH is really that desperate to merge with an eastern US railroad, I suppose he could contact one of the little short-lines or tourists RR's . . .
More seriously - and once again: Where's the objective study/ report that supports all his claims - this time, again ?
Paul_D_North_JrIf EHH is really that desperate to merge with an eastern US railroad, I suppose he could contact one of the little short-lines or tourists RR's . . .
The Erie Lackawana must not be returning Mr. Harrison's phone calls either.
Victrola1 Paul_D_North_Jr If EHH is really that desperate to merge with an eastern US railroad, I suppose he could contact one of the little short-lines or tourists RR's . . . The Erie Lackawana must not be returning Mr. Harrison's phone calls either.
Paul_D_North_Jr If EHH is really that desperate to merge with an eastern US railroad, I suppose he could contact one of the little short-lines or tourists RR's . . .
Well, they did send their answer via mail, but it got lost in the time/space worm-hole that opened up allowing CP to offer to buy them out too.
If both NS and CSX turn the latest offers down, will Ackman try to purchase Walmart next? He could have the trifecta: The transportation network to deliver the medical supplies he manufactures to the stores that sell them!
(Hey, that might not be such a bad idea... If it works, I get the bonus for thinking of it first. )
He will go for Genessee & Wyoming so he can cobble together the former Pennsy, the former DT&I, and make a hostile take over of Wheeling & Lake Erie so he can reroute all the traffic from Cincinnati, Columbus, Cleveland and Pittsburgh to Canada via Detroit so he can relieve congestion in Chicago. And he will pull all those two-mile long trains with mu'ed SW1500s and GP9s.
Never thought of that, it would be smart.
​Canadian Pacific (TSX:CP) (NYSE:CP) today announced that it has petitioned the U.S. Surface Transportation Board (STB) for a declaratory order confirming the viability of the voting trust structure CP has suggested as part of its proposed merger with Norfolk Southern Corp. (NS).
"Shareholders of both CP and NS have asked that we seek this declaratory order as a means to better understand the STB's views on the proposed voting trust model ahead of any formal application and we have listened to the owners of our respective companies," said E. Hunter Harrison, CP's Chief Executive Officer.
"Since we remain convinced that productive discussions about the potential structure and value of a formal bid must take place face to face we hope this show of good faith is met with an equal demonstration on the part of NS," said Harrison.
http://www.cpr.ca/en/investors/canadian-pacific-petitions-us-surface-transportation-board-for-declaratory-order
kgbw49He will go for Genessee & Wyoming so he can cobble together the former Pennsy, the former DT&I, and make a hostile take over of Wheeling & Lake Erie so he can reroute all the traffic from Cincinnati, Columbus, Cleveland and Pittsburgh to Canada via Detroit so he can relieve congestion in Chicago. And he will pull all those two-mile long trains with mu'ed SW1500s and GP9s.
Almost put the "Big Four" back together, too . . .
"The Cleveland, Cincinnati, Chicago and St. Louis Railway, also known as the Big Four Railroad . . . " https://en.wikipedia.org/wiki/Cleveland,_Cincinnati,_Chicago_and_St._Louis_Railway
The other class 1s will no doubt extract concessions (divesture) from a CP/NS conglomeration, so perhaps it's not premature to speculate what those concessions might be?
I doubt they would be allowed to keep both routes between Chicago and Buffalo, so I'd guess that BNSF would want the former Nickel Plate, and I've heard for years that they would like to obtain the former Wabash as well, so why not go for both? I can see where UP might want the former Southern RR east from New Orleans, and likely others. Speculations?
The real point being, if the other class ones can make it painful enough, perhaps HH will just pick up his toys and go home mad?
Convicted One The real point being, if the other class ones can make it painful enough, perhaps HH will just pick up his toys and go home mad?
HH is Ackmans puppet!
Never too old to have a happy childhood!
Well, I see the list of shippers opposing the merger just got longer
Actually, if one looks at the CSX map and the way it would "bolt-on" (to borrow a phrase from Mr. Buffett) to the BNSF route structure, it might be the superior route partner for BNSF for the following reasons:
1. Ex-Baltimore and Ohio double track route to Ohio tieing in to the ex-NYC Water level route from Cleveland to Selkirk and down the River line to NYC is tailor-made for ET44C4-ES44C4 motive power.
2. Former Big Four heading northeast as the crow flies out of St. Louis (connection with the former Frisco) to Indianapolis and Cleveland is an excellent bypass of Chicago.
3. Former B&O heading due east as the crow flies out of St. Louis (connection with the former Frisco) to Louisville and Cincinnati.
4. Former Dixie Line from Memphis (connection with former Frisco) to Nashville.
5. CSX mainline from Birmingham to Atlanta, Charlotte and Richmond is an extension of BNSF intermodal haulage rights from Birmingham to Atlanta.
6. CSX mainline from New Orleans to Birmingham would be a "cut off" for BNSF chemical traffic out of Louisiana bound for the northeast.
And all those lines are, again, pretty much tailor-made for ET44C4-ES44C4 motive power.
It will be interesting to see if Michael Ward ends up with an appointment with Mr. Buffett over the next three years.
So, even if CP could win, and merge NS, would all these shippers then bolt to CSX?
CP would have already lost most of NS coal, and, if these shippers bolt, they would also lose UPS, FedEx, Ford, GM, and how many others?
That would leave them with..... Coal.
And Oil. (Which has its own issues with protesters and declining movements due to lower prices...)
And CP will make money on this how??? Spend millions on the buyout, spend millions more through the legal aspects/battle, then lose all the good paying shippers, thereby losing millions of dollars.
So, we peace meal the lines off, scrap others, thereby making a few hundred thousand.
Yep.... Makes perfect business sense too me. (Fits right in with all the other "genius" business moguls, who no longer have a business to run.)
kgbw493. Former B&O heading due east as the crow flies out of St. Louis (connection with the former Frisco) to Louisville and Cincinnati.
This route is no longer a through route. CSX has severed it as I understand.
Electroliner 1935, CSX still shows the ex B&O as a full route on the route map on their Web site. Then again, maybe that web page has not been updated. I could understand them downgrading it because of the somewhat parallel Big Four. If it is severed, or even downgraded, I suppose Louisville traffic from the west through St. Louis could head to Indy on the Big Four and then down the CSX-L&I shared trackage to Louisville.
I could see them having to spin the B&O off to CN for competitive access to Louisville and Cincinnati as well as giving CN trackage rights from Chicago and Detroit to Atlanta and also from Buffalo to the NY/NJ area to meet the improved competition criteria.
"People need to get their heads around the idea that fossil fuels are “probably dead,” the CEO of Canadian Pacific Railway said Wednesday.
“I’m not maybe as green as I should be, but I happen to think the climate is changing (and) they’re not going to fool me anymore,” Hunter Harrison told a J.P. Morgan transportation conference in New York."
http://calgaryherald.com/business/local-business/fossil-fuels-are-probably-dead-says-canadian-pacific-railway-ceo-hunter-harrison
Will a merger with Candian Pacific save the coal carrying Norfolk Southern from going the way of the dinosaurs? The clock is ticking.
"The motion calls for shareholders to request Norfolk’s board to engage in discussions with Canadian Pacific that wouldn’t preclude discussions with other parties.
“This is kind of our last effort, the last thing we know to do and we hope it will work,” Harrison said. “And if not, we are going to go back in and run our railroad.”
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