They'll have to do something. If he senses in six to nine months that the deal is going forward, he can't sit there for years and watch them cherry-pick their best freight.
Doug Rockel
It's unbelievable to be sitting here a year and a half after the integration and still seeing this low level of Norfolk earnings. They couldn't have done these cuts on day 1 because service was paramount. But service levels have been back up for six-to-nine months.
day integration
It still doesn't carry the day. But as e-commerce grows, it's becoming more significant. I'll end up eating those words one day.
words end day eating
The tender offer tells me a lot of ups employees are incredibly loyal, that they believe in the company long-term. But I think there could be some selling of shares and until that overhang is taken up through higher demand, it will put pressure on the stock.
pressure company offer demand selling
I've been waiting most of my career to see these guys go public. I can't think of a bigger and better company in recent memory that's decided to do this.
memory career company waiting public guys
I would have been disappointed if they had not raised rates by about 3 percent. This is what we all modeled for.
senses forward
The investment community has developed an incredible fear of railroad mergers. A lot of people think the court will reverse the moratorium. That's more important than fuel prices right now.
community people fear court important investment
Right now, the timing of this is difficult. There's no doubt a price increase of this magnitude would be justified by the costs. But it's not what the shipping community is willing to hear right now.
community doubt timing difficult price hear
Splitting up the assets makes infinite sense, not only from a financial perspective but from an operating perspective or competitive perspective. No one wants market dominance to take place. The shipping community certainly doesn't want it, even the competing railroads out West don't want it.
community sense perspective market place infinite west
Most every company has a Web presence these days. Primarily they are using it to trace and track freight.
days company presence
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