What Is The Csx Corporation Mission Statement

The close competitors are the tracks. This has added its value in terms of assets and worth. CSX has access to king coal which is cheaper than other means of fuel. Coal is valuable and CSX taps it at Illinois basin hence its competitive advantage.

Sustainability relates to the ongoing capacity of Earth to maintain all life, which means developing ways to ensure that all resources on Earth are used and managed responsibly so they can be maintained for future generations.

CSX(Chesapeake-Seaboard-X merger) provides rail, intermodal and rail-to-truck transload services in many markets. CSX serves the energy industry including coal and liquefied petroleum and gas products. They transport industrial and construction materials along as well as agricultural products. CSX has a wide foot print stretching into consumer goods and some say that many of the consumer goods we each enjoy have, at some point been on a CSX train(CSX employee interview Georgia Public Broadcasting). Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and small farming towns alike.

In short a mission statement simply tells the staff and management the purpose of the organization, who their target market is and what business they are in. Moving on, next we have a Vision Statement. A Vision statement gives a company a sense of long term direction. It points out what an organization wishes to achieve over a given period of time. It also builds strong inspiration and cohesiveness in the organization while at the same time providing a clear direction of where the organization wants to be in the next five, ten, or more years.

the company. The CSX mission is “To be the safest, most progressive North American railroad,

The concept of sustainability is about the capacity of the environment to continue to support our lives and the lives of other living creatures into the future. There are a number of programs to restore the river to maintain communities, fisheries and navigation, to ensure long-term sustainability.

1. Why does CSX want to buy Conrail? How much should CSX be willing to pay?

A two tiered deal was made by CSX because of the heavy regulation Pennsylvania has for mergers and to provide financial considerations for Conrail’s shareholders.

So what is sustainability? It is the quality of not being harmful to the environment or depleting natural resources, and thereby supporting long-term ecological balance.

Transcontinental is going across a continent, and transcontinental railroads are the means that are used to go across continents from Eastern to the Western part of United States. The Union Pacific railroad offered railroad transport from New York on the Atlantic Coast, all the way to California, on the Pacific Coast of United States. The project of the railroad terminated in 1869, which was pioneered by two companies, which were Union Pacific and Central Pacific, built the railroad from east and west, and they met at Utah. Central Pacific laborers mainly consisted of the Chinese, while those in Union Pacific were mainly Irish. Both companies gave their workers harsh working conditions. The railroad made a major impact on transcontinental transportation but was faced by some dangers and difficulties.

The Stagger’s Rail Act of 1980 has created a deregulated environment in which acquisitions are used to improve the competitive positioning of existing companies within the railroad industry. CSX is interested in Conrail for a couple of reasons. Primarily, CSX-Conrail merger would result in more than $8.5 billion in revenues and nearly 70% of the Eastern market. The combined entity would be able to control the railroads between the Southern ports (CSX), the Northeast (Conrail) and the Midwest (both). By having a full access to these markets the new company would be able to offer services to its clients for a lower price

In an industry beset by limited options to consolidate domestic rail traffic, CSX looked at Conrail as an avenue to increase market share and gain access to the North East rail network. With air travel, road travel and trucking taking an increasing share, significant revenue growth became difficult. As Conrail became profitable, Congress explored ways of privatizing it, giving CSX an opportunity to acquire Conrail. Though Conrail suffered from performance inefficiencies it had certain strengths relative to CSX and Norfolk with respect to highest revenue per mile of track operated, per carload originated etc. Conrail with operating revenue of $3,686

I choose Morgan Stanley for this Mission statement assign, and the answer of “Did I found mission statement on their web site” is no, as the statement shows on http://www.missionstatements.com/investment_services_management_mission_statements.html as “Morgan Stanley's mission is to provide our clients with the finest financial thinking, products and execution. This means setting the highest standards for behaviors that embody our business principles.” But I found their web site as "At Morgan Stanley, diversity is an opportunity – for clients, employees and Firm. By valuing diverse perspectives, we can better serve our clients while we help employees achieve their professional objectives. A corporate culture that is open and inclusive is fundamental

Sustainability is “development that meets the needs of the present without compromising the ability of future generations” (Report of the World Commission on Environment and Development: Our Common Future 1987). The concept of sustainability comprises of four pillars: environmental; economic; political and social; as can be seen in the image below. Environmental sustainability is the use and management of the environment in a way that it does not deplete our finite resources. Economic sustainability is a long term sustainable economy that supports its community and political sustainability is the collaboration of different bodies of government to achieve a sustainable future. Now social sustainability is hard to define as it encapsulates many different factors; however to be very broad it is to achieve social justice. The real objective for sustainability is that all four pillars work together equally in a precautionary principle;

Every living being are directly or indirectly depend on natural environment. Sustainability helps to balance financial, social, and environmental factors to facilitate responsible business decision making over the immediate and long term. . Sustainability refers to meeting the needs of present generation without compromising the ability of future generations to meet their own needs (Oxford University press 1987, p.43). Sustainability is also being protective and aware of use of natural resources and development that meets the need of present and everything that is need for our survival and well being depends, directly or indirectly on our natural environment. According to Environmental Protection Agency (EPA) Sustainability is