CP Tries to buy CSX

[Saturnalia]

Wow...I saw someone mention it earlier but I took it as foamer fantasy...incredible.

I guess CP almost did return to GR!

admin edit: let's try not to link to walled garden sites like Wall Street Journal. Try one that actually shows the article for non-paying members
http://www.usatoday.com/story/money/bus ... /17156179/

[CSX_CO]

I guess CP almost did return to GR!

I doubt CSX even gave it the slightest bit of consideration.

Practice Safe CSX

[Y@]

No "almost" about it.

[CSX_CO]

CP buying out CSX would be akin to Johna swallowing the whale.

Practice Safe CSX

[Y@]

But then CP would run everything through Michigan because it makes more sense.

[Saturnalia]

I hope that is was realized that the CP in GR comment wasn't serious...heance

[CSX_CO]

I hope that is was realized that the CP in GR comment wasn't serious...heance

Railroading is serious business. There is no room for joking nor tomfoolery.
Practice Safe CSX

[Ypsi]

This article seems to give the impression that both sides are "interested" per say.. I don't know what to think but the feel is more of a "This could happen" then CSX shutting down CP from at least this article..

http://dealbook.nytimes.com/2014/10/12/ ... ional&_r=0

But the line to keep in mind is of course:

Canadian Pacific and CSX both declined to comment.

[ns8401]

I doubt it would make it all the way through the review process. CP is looking for a company to help it survive and do much better than it has in years by itself.

[Bulby]

I hope that is was realized that the CP in GR comment wasn't serious...heance

Railroading is serious business. There is no room for joking nor tomfoolery.
Practice Safe CSX

Tell that to the crew that told the dispatcher to "Praise the lord" when the dispatcher told them to tie down the train.

[ns8401]

I hope that is was realized that the CP in GR comment wasn't serious...heance

Railroading is serious business. There is no room for joking nor tomfoolery.
Practice Safe CSX

Tell that to the crew that told the dispatcher to "Praise the lord" when the dispatcher gave told them to tie down the train.

Or the various three stooges routines and gossiping between trains about the company and new rules and meetings for all the engineers when they meet.

[Bulby]

It's fun when the boss is out of town so the radio isn't being monitored. Great opportunity to mess with people.

[Schteinkuh]

I hope that is was realized that the CP in GR comment wasn't serious...heance

Railroading is serious business. There is no room for joking nor tomfoolery.
Practice Safe CSX

Yes but this isn't railroading. This is railroadfan.

[DT&I]

Railroadfight*

[atrainguy60]

I found this interesting; the article is only a few hours old:

http://www.reuters.com/article/2014/10/ ... YY20141015

[Saturnalia]

I found this interesting; the article is only a few hours old:

http://www.reuters.com/article/2014/10/ ... YY20141015

Profits up, bullish lookout, regulator uncertainty, plus CEO downplay? Not happening. That's my read.

[CSX_CO]

I found this interesting; the article is only a few hours old:

http://www.reuters.com/article/2014/10/ ... YY20141015

Profits up, bullish lookout, regulator uncertainty, plus CEO downplay? Not happening. That's my read.

You underestimate the hubris of hunter Harrison. I hope it doesn't happen but I don't put anything past him.

Practice Safe CSX

[Norm]

You underestimate the hubris of hunter Harrison. I hope it doesn't happen but I don't put anything past him.

Practice Safe CSX

His are not brass, they are steel. Michael Ward may not like the idea of finding a new job and rebuff EHH.

[atrainguy60]

I know it was pretty much figured it was dead already, but now it is officially dead:

http://dealbook.nytimes.com/2014/10/20/ ... blogs&_r=0

[atrainguy60]

http://www.railwayage.com/index.php/man ... channel=44

I thought this was rather interesting as well.