Will we buy CSX Rail?
Press Conference Fri morn from SDF hangar. Tune to FOX. Will we buy CSX Rail? Also 80 new lay-offs for mechs and related.
But you see trolls everywhere...Troll allert!!!!!!
We have a troll!!!
Sure this guy isn't a feeder driver? This rumor belongs in the same list as "UPS is buying FEDEX ground."
I was told once by a management person, that if UPS could they would by a railroad by anti trust regulations would prevent it.
Why would there be anti trust problems if UPS bought a railroad?
Because they are two transports. If UPS wanted to start their own raiload it probably wouldn't be a problem.
Union Pacific owned Overnight, Norfolk Southern owned North American. CSX owns a barge Line. NS owns Triple Crown, and I pass their trucks every night. If UPS was going to buy a railroad- I wouldn't buy CSX.
CSX has the lowest market cap of those three and many lines in the east.
CSX has too many problems with the Childrens fund of Great Britain.