By Tony Hatch, Progressive Railroading Magazine; March 2018
CSX execs accomplished the most important thing they set out to do March 1 at the railroad’s long-anticipated Investor & Analyst Conference in New York City. Having already scooped themselves by unveiling their big buyback program and unveiling their 60 percent — down over 600 basis points (bps) — operating ratio (OR) target for 2020, the CSX team revealed its management depth and competence, as well as its commitment to Precision Scheduled Railroading (PSR).
The house was packed, the coffee plentiful. The Show was good. The team was light on numbers (price goals, of course, but also volumes), but strong on process, belief and depth — and strong on the emergence at CSX of the “Post-Hunter” railroad, just as we have seen at CP and CN.
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