Started By
Message

re: The Class I freight railroads have gotten ridiculously bad

Posted on 4/27/22 at 8:53 am to
Posted by VolsOut4Harambe
Atlanta, GA
Member since Sep 2017
12856 posts
Posted on 4/27/22 at 8:53 am to
quote:

Indeed. My company is the Union Pacific #33 customer and they told us two weeks due to their service issues, we would be limited to 4 outbounds per day or 28 a week. We ship more than double that. I have no idea how this is not a slap in the face to shippers that when they have internal issues, the best customers get punished. I have 0 luck getting a hold of my rep either to get questions answered. We are going on 2 weeks and it hasn’t been implemented so who knows.



For one of our larger facilities we have a contract with the UP to ship a minimum set amount of railcars per month in order to reach a threshold for a discounted rate. Stipulation in the contract says that if we go under a certain threshold per month, we get penalized for 50% above the normal tariff rate or something stupid like that.

Well it turns out that the UP wants to cap carloads out of there at right below that minimum threshold. Similar to your experience, we get the runaround and/or no response from corporate. Our rep just directs us to another team who takes ages to respond to anything.
Posted by VolsOut4Harambe
Atlanta, GA
Member since Sep 2017
12856 posts
Posted on 4/27/22 at 8:53 am to
double post
This post was edited on 4/27/22 at 8:54 am
Posted by OU812ME2
Earth
Member since Jun 2021
1167 posts
Posted on 4/27/22 at 8:56 am to
I had a friend who worked at CSX. He managed a fairly large Southern section and said the new CEO/group that came in destroyed what was left of the company. That was like 5 yrs ago. It got so bad that he left after 30 yrs making great money, but basically worked 18+ hrs a day 6 to 7 days a week.

Now he's happy and managing a company in a completely different industry.

Posted by Warfox
B.R. Native (now in MA)
Member since Apr 2017
3565 posts
Posted on 4/27/22 at 8:57 am to
quote:

If they don't quit fricking around the feds are going to bust these companies up - the amount of mergers over the last 3 decades has really stifled competition by rail and its going to get worse now that CN is taking over KCS


These near end-game mergers are occurring broadly across the economic board, and are very harmful to our economic system.

Competition is necessary in our economy for downward pressure on prices and upward pressure on efficiency via the mechanisms of competition.

The only thing these mergers have resulted in is increased profit margins for these corporations.
first pageprev pagePage 4 of 4Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram