Commentary

From the Editor: “Gussied-up Prairie Schooners”

Those of you who have been involved in the high speed rail business for a while may recall, with acid reflux, Herb Kelleher, the man who, with some creative legal shenanigans, single-handedly

Commentary

From the Editor: What can we learn from this?

By William C. Vantuono, Editor Most catastrophes don’t happen as the result of a single failure. There’s usually a series of oversights or smaller failures that eventually lead to a much larger,

Commentary

From the Editor: “If it costs a million, it should look like a million”

By William C. Vantuono, Editor Good design, which evokes feelings of excitement, interest, and admiration, is something that entices people to purchase a certain automobile, or a piece of furniture, as much

Commentary

From the Editor: The Children’s Investment what’s-its-name

By William C. Vantuono, Editor Does anybody remember The Children’s Investment Fund? You know, the all-knowing activist hedge fund that spent much of 2007 and 2008 strutting about, hurling criticisms at CSX,

Commentary

From the Editor: Is it pork, or is it bringing home the bacon?

By William C. Vantuono, Editor March 2009  Economists tell us that to pull the economy out of recession, we need to start spending big dollars on all sorts of projects. That’s what

Commentary

From the Editor: The battle lines are drawn—again

By William C. Vantuono, Editor February 2009  Twenty-nine years after the Staggers Rail Act freed the railroads from the shackles of excessive regulation and sparked a renaissance, the specter of re-regulation is

Commentary

From the Editor: “This is a very exciting field”

By William C, Vantuono, Editor

January 2009

Railroader of the Year Michael Ward handles multiple responsibilities in his role as CSX’s chief executive. Among the more difficult is staffing for the company’s future, on both the agreement and non-agreement sides. Here’s what he had to say during our interview for this month’s cover story:

 

Commentary

Responsibility. Now there

Somewhere along the line most of us were advised to brush regularly, floss, avoid too many sweets, etc. Whether we heeded that advice was, and is, our choice, and the consequences of not doing so are ours as well.

Commentary

No trouble, no learning

You’d think, from reading or viewing the general media coverage of economic issues, that bankers are a bunch of fools, crooks, greedy so-and-so’s, or all three. Bankers are a convenient and popular target. Even in the best of times, bankers are rarely seen as heroes. Not collectively, anyway. So you have to steel yourself-or put on a Teflon shell-during this difficult period, and take satisfaction from the good things you help accomplish.

Commentary

Manage the pendulum

If a ship springs a leak, it's a problem. If the passengers all run to one side thinking to save themselves, the ship will capsize. Now it's a disaster.