2023 Railroading Year in Review with Sr. Wall Street Analyst - Tony Hatch

Welcome to the American Railroading Podcast! In this episode our host Don Walsh, is joined by guest Tony Hatch, Senior Wall Street Transportation Analyst, Founder and President of ABH Consulting based in New York City, NY. Together they discuss railroading’s 2023 year in review, including everything from pending changes at the STB, to railroad safety and service improvements. Tune in to this final episode of Season 1 now to gain valuable insights and broaden your understanding of American Railroading. You can find the episode on the American Railroading Podcast's official website at www.AmericanRailroading.net . Welcome aboard! KEY POINTS:  Mr. Hatch is a graduate of Harvard University and has been a Sr. Analyst on Wall Street for over 20 years.Tony’s passion for railroading is only surpassed by his love of the L.A. Dodgers.Don and Tony discuss STB leadership changes announced in November 2023, and what can affect the decision of the new appointee in 2024.The Canadian Pacific and Kansas City Southern class 1 railroad merger in 2023 (now CPKC), may be the last one we see in our lifetime. Tony explains why.Class 1 railroad service has improved in 2023 but will always need to continuously improve as shippers’ expectations will continuously be raised.Tony gives a great explanation and breakdown of the well-publicized railroad labor contract negotiation in 2023, and what was nearly a labor strike…or was it?Class 1 railroads have been partnering with and even acquiring short-line railroads in 2023. Tony breaks down the “why’s” of these partnerships and acquisitions.The East Palestine, OH train derailment in February 2023 prompted many responses and calls for action and change. Tony shares his opinions on both.Tony shares his insight on the investment capital spending done by railroads in 2023 and beyond.Thank you all for joining us for Season 1 of the American Railroading Podcast! We wish you all a Merry Christmas and Happy New Year! See you in 2024 for Season 2! LINKS MENTIONED:  https://www.americanrailroading.net/  https://therevolutionrailgroup.com/  https://www.buymeacoffee.com/dwalshX  https://www.abhatchconsulting.com https://www.railtrends.com