June 27, 2017 – Enacting transformational change requires vision, leadership and the efforts of many, sustained over time to deliver a future that is better than the present. The long term vision, and near-term improvements, that are resulting in positive impacts on key operating measures were recently covered on CNBC’s Mad Money.

Jim Cramer, the host of Mad Money, and seasoned investor, has analyzed companies, executives and turnaround efforts for decades, witnessing both successes and failures along the way. Cramer believes that executives matter and have a pronounced impact on organizations, noting that E. Hunter Harrison is the leader needed to drive transformational change in the rail industry.

Cramer believes that Harrison’s 50+ years as a railroader combined with the principles of precision scheduled railroading are already delivering results and have the potential to reinvent the railroad. Operational changes during early stages of implementation of precision scheduled railroading are resulting in productivity improvements, including increases in velocity, improvements in on-time originations/arrivals and reductions in dwell.

Cramer called Harrison the “train whisperer” and went on to say that “he has already done an impressive job” and that he is “on to something.” Harrisons’ goal is to run a more efficient railroad by running fewer trains more often, while improving customer service to deliver a better product for customers and increase CSX’s market share.

*Mad Money video courtesy of CNBC 

 

Other stories you may be interested in

Winning with Precision: The journey to deliver best-in-class service 

Hunter Harrison Speaks at 2017 CSX Annual Meeting

CSX and Wayne Farms awarded the Argus Media Win-Win Award >> Read More  

Chief Marketing Officer addresses Citi 2017 Industrials Conference, provides update on service & efficiency improvements