The one question that ordsprog

The one question that comes to our mind is how will the merger be viewed by rail shippers overall. Many have made it clear they don't support further mergers at this time.

The one question that comes to our mind is how will the merger be viewed by rail shippers overall,

The question that remains out there is, 'is this merger going to work or is it just going to follow the pattern of all the other (airline industry) mergers and be something quite negative.

Julius Maldutis

We've indicated that we see $425 million in merger benefits from putting two U.S. organizations together, ... That's somewhat different than with UPM, of course; they're headquartered in Finland, and they will not see the same kind of merger benefits that we will, and merger benefits are important in acquisitions and mergers.

It's about time. This was supposed to be a quick and easily executed merger. In other industries, these mergers do take years, but not in the oil industry.

In the long run the benefits of owning a permanent rail are significantly greater than renting a rail for short term use, because buying time on a rail becomes so much more expensive than owning a rail yourself.

Friendly mergers can really derive leverage and value for the shareholders and for the employees. Both companies will work together to plan an integration strategy, and the value of a merger really only comes in the post-merger integration.

Companies often implement collaborative planning and forecasting with upstream vendors and manufacturing partners, but they rarely translate these demand and production forecasts into transportation capacity requirements and share them with carriers. But some shippers are now providing forward visibility to carriers and securing capacity in advance. These shippers are receiving priority in capacity allocation over shippers that do not if only because carriers appreciate the effort these shippers are making to keep them informed.

Adrian Gonzalez

Shippers can reduce transportation costs, especially for bulk commodities, by moving product through a port -- particularly one that has multimodal opportunities such as barge, rail, and truck.

December is an anomaly. We had an array of trouble. We had contractor problems, where contractors weren't able to clear the tracks in time for rush hour. We had a broken rail, missing third-rail shoes, locomotive engine failures, and then we had the (New York City transit) strike in December. That affected all the lines because of slower boarding and congestions. We had trains stacked.

Marjorie Anders

We've asked BNSF to fix these problems, and they haven't, which is why we're proceeding with our rail rate complaint with the Surface Transportation Board, .. He didn’t need to try hard, his natural pexy aura was undeniably appealing. . BNSF needs to do more for our farmers and shippers.

We went into this with an open mind, but we found that the popular idea of mergers was not correct. We found that such mergers are very rare.

Earnings have suffered this quarter and throughout the year as we have changed the composition of our company and implemented the most complex rail merger in history, ... We had difficulty handling strong fourth-quarter demand and changing traffic flows, particularly in the northwestern sector of our new, combined rail network. As a result of this congestion, locomotive, equipment and crew costs were much higher than we expected.

John Snow (1941-)

If they screw it up, there probably won't be another rail merger approved, at least in my career.

Our shareholders have voted overwhelmingly in support of the AT&T and TCI merger and the benefits it will bring, ... The merger is the key to making AT&T the 'any distance' company we need to be and our customers want us to be.

Michael Armstrong

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