CSX reports 4th quarter earnings slip

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

CSX Link

[snip]

"We had difficulty handling strong fourth quarter demand and changing traffic flows, particularly in the northwestern sector of our new, combined rail network," said Snow's statement. "As a result of this congestion, locomotive, equipment and crew costs were much higher than we expected." This is before any Y2K problems, their problems are currently the result of a poorly done merger of companies and information systems.

-- John Ainsworth (ainsje00@wfu.edu), December 20, 1999


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