QUOTE: Originally posted by PBenham However, NS faces a challange in the near/distant future, when (notice I did not say if) Ford and General Motors go bankrupt. NS will have a major challange that may be even greater than the death of "Big Steel". It took a while for Norfolk & Western to recover the lost steel revenue, and it may take a while for NS to recover from the "Big Two" hitting the courts,(chapter 11) downsizing and/ or outsourcing a lot of work out of this country to the third world. NS will likely try to get the business from as many ports as it can. Conrail Shared assets in Detroit may be sent to court by CSX and NS, while the New Jersey operations will stand to profit from increased auto traffic through the New York-New Jersey and Philadelphia gateways. CSX's ability to recover is, in my mind ,problematic. This may be it for CSX. UP(most of all),BNSF, CN, CP and KCS will be watching CSX very carefully.
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