CSX Corporation, headquartered in Jacksonville, Florida, is a premier transportation company and one of North America’s leading Class I railroads. Operating an extensive rail network spanning approximately 21,000 route miles across 23 states, the District of Columbia, and two Canadian provinces (Ontario and Quebec), CSX delivers critical freight transportation services that power the economy. The company specializes in transporting a diverse range of goods, including chemicals, automobiles, agricultural products, coal, and intermodal containers, serving major population centers and key ports along the East Coast and beyond.
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CSX’s mission is rooted in operational excellence, safety, and sustainability, guided by its “ONE CSX” philosophy, which fosters unity, collaboration, and a shared commitment to customers, employees, and communities. In 2024, CSX demonstrated resilience amidst challenges such as Hurricanes Debby, Helene, and Milton, the Francis Scott Key Bridge collapse, and a dockworkers’ strike, while investing $2.5 billion in infrastructure and advancing sustainability initiatives like hydrogen-powered locomotives. With a workforce of approximately 24,000 employees, CSX prioritizes safety through programs like SAFE CSX, supports community engagement with 24,326 volunteer hours, and drives innovation through strategic acquisitions and digital tools like the ShipCSX Carbon Calculator.
This comprehensive post explores CSX Corporation’s profile, business segments, products and services, history, brands, geographical presence, financial performance, subsidiaries, physical properties, leadership, and investment strategies, providing an in-depth look at a company shaping the future of freight transportation.
Company Profile
CSX Corporation is a cornerstone of the U.S. transportation industry, providing rail-based freight transportation services that connect businesses, industries, and consumers across the eastern United States and Canada. As a publicly traded company listed on the NASDAQ under the ticker “CSX,” the company generated $14.5 billion in revenue in 2024, navigating a challenging economic landscape marked by a 1% revenue decline due to lower fuel surcharges and coal demand. Despite these challenges, CSX achieved a 2% increase in total volume, driven by growth in merchandise and intermodal shipments, and returned $3.7 billion to shareholders through dividends and share repurchases.
Key Highlights
- Network: Operates 21,000 route miles, serving 23 states, the District of Columbia, Ontario, and Quebec, with access to major East Coast ports like New York/New Jersey, Baltimore, Savannah, and Jacksonville.
- Workforce: Approximately 24,000 employees, supported by training programs like the ONE CSX Academy and diversity initiatives that earned recognition from DiversityInc and Forbes.
- Safety: Improved FRA train accident rate by 1% to 3.40 in 2024, though personal injury frequency worsened by 27% to 1.19. The SAFE CSX initiative promotes proactive risk management.
- Sustainability: Achieved the best fuel efficiency among Class I railroads at 0.976 gallons per 1,000 gross ton-miles, introduced a hydrogen fuel cell locomotive, and maintained 14 years on the Dow Jones Sustainability Index.
- Community Engagement: Supported 823 communities with $500,000 in disaster relief and events like the Santa Train and Holiday Express.
- Strategic Investments: Invested $2.5 billion in infrastructure, acquired the Meridian & Bigbee Railroad, and advanced the Howard Street Tunnel modernization project to enhance double-stack intermodal capabilities.
Strategic Vision
CSX’s “ONE CSX” framework emphasizes collaboration across operations, safety, and customer service. The company focuses on modal conversion (shifting freight from trucks to rail), industrial development (over 500 projects in the pipeline), and sustainability to drive long-term growth. Despite operational challenges like a 10% increase in dwell time and declines in trip plan performance (carload: 79% from 84%; intermodal: 91% from 95%), CSX improved train velocity by 2% and fuel efficiency by 4%, positioning it for future success.
Resilience in 2024
In 2024, CSX faced significant disruptions, including three hurricanes, a major bridge collapse, and a port strike. The company’s rapid response included restoring service within 24 hours after hurricanes, donating $250,000 to the American Red Cross, and supporting employees through the Employee Disaster Relief Fund. These efforts underscore CSX’s commitment to operational reliability and community support.
Business Segments
CSX operates through three primary business segments: Merchandise, Intermodal, and Coal, with additional contributions from its wholly-owned trucking subsidiary, Quality Carriers. These segments collectively generated $14.5 billion in revenue in 2024, with Merchandise leading due to diverse freight demand. Below is a detailed breakdown of each segment, including estimated revenue contributions based on performance trends.
1. Merchandise
The Merchandise segment transports a wide range of goods, including chemicals, agricultural and food products, automotive, minerals, forest products, metals, and fertilizers. It is CSX’s largest segment, benefiting from industrial and consumer market demand.
- Performance in 2024:
- Revenue increased by 3% year-over-year, driven by pricing gains and a 1% volume increase.
- Key growth drivers:
- Chemicals: Higher shipments of plastics, crude oil, natural gas liquids, and industrial chemicals, supported by ISO tank solutions via Quality Carriers.
- Agricultural and Food Products: Increased domestic feed grain, ethanol, and ingredient shipments.
- Automotive: Volume growth from new business, despite lower North American vehicle production.
- Minerals: Rising demand for cement, supporting construction.
- Forest Products: Growth in pulpboard, paper, and building materials.
- Metals and Fertilizers: Stable demand with targeted growth opportunities.
- Strategic investments, such as the Meridian & Bigbee Railroad acquisition, enhanced network connectivity for merchandise freight.
- Revenue Contribution: Approximately 62% (estimated based on strong growth and segment diversity).
2. Intermodal
The Intermodal segment focuses on transporting shipping containers and trailers, offering a cost-effective and environmentally friendly alternative to truck transport. It leverages partnerships with ocean carriers and logistics providers.
- Performance in 2024:
- Volume growth driven by increased international shipments through East Coast ports and inventory replenishments.
- TRANSFLO network expanded by 231 car spots, improving transloading for chemicals and agricultural products.
- Introduced ISO tank solutions in collaboration with Quality Carriers, enhancing chemical logistics.
- Trip plan performance declined to 91% from 95%, reflecting infrastructure upgrade disruptions.
- Howard Street Tunnel modernization supports future double-stack intermodal growth.
- Revenue Contribution: Approximately 23% (estimated based on volume growth and industry norms).
3. Coal
The Coal segment transports domestic and export coal for power generation and industrial applications. It faced challenges in 2024 due to declining global coal prices.
- Performance in 2024:
- Revenue declined due to lower fuel surcharges and reduced coal demand.
- Maintained operational efficiency to support energy supply chains.
- Positioned to capitalize on potential demand recovery in export markets.
- Revenue Contribution: Approximately 15% (estimated based on reported declines and segment scope).
Revenue Breakup by Business Segment (2024)
| Segment | Revenue Contribution (%) | Key Drivers |
|---|---|---|
| Merchandise | 62% | Growth in chemicals, agricultural products, automotive, minerals, forest products |
| Intermodal | 23% | International shipments, TRANSFLO expansion, ISO tank solutions |
| Coal | 15% | Declines due to lower fuel surcharges and global coal demand |
| Total | 100% | Total Revenue: $14.5 billion |
Products and Services
CSX offers a comprehensive suite of transportation services centered on its rail network, complemented by trucking and transloading capabilities through Quality Carriers and the TRANSFLO network. Below is a detailed list of products and services, with revenue contributions aligned with the business segments.
1. Rail Freight Transportation
CSX’s core service involves transporting freight via its 21,000-mile rail network, covering merchandise, intermodal, and coal shipments.
- Merchandise Rail Services:
- Description: Transports chemicals (plastics, crude oil, natural gas liquids), agricultural products (feed grain, ethanol), automotive products, minerals (cement), forest products (pulpboard, paper), metals, and fertilizers.
- Details: Supported by infrastructure upgrades like the Howard Street Tunnel and digital tools like ShipCSX. Offers tailored solutions for industrial customers.
- Revenue Contribution: 62% (aligned with Merchandise segment).
- Intermodal Rail Services:
- Description: Transports containers and trailers, connecting rail, truck, and ocean carriers.
- Details: Benefits from East Coast port access, TRANSFLO expansion, and ISO tank solutions. Supports modal conversion, reducing emissions by 60-80% compared to trucks.
- Revenue Contribution: 23% (aligned with Intermodal segment).
- Coal Rail Services:
- Description: Transports domestic and export coal for energy and industrial use.
- Details: Affected by market declines but critical for energy supply chains.
- Revenue Contribution: 15% (aligned with Coal segment).
2. Trucking Services (Quality Carriers)
- Description: Provides truck-based transportation for bulk liquids, primarily chemicals, complementing rail services.
- Details: Operates as a wholly-owned subsidiary, offering ISO tank solutions and multimodal logistics. Enhances CSX’s service offerings for chemical customers.
- Revenue Contribution: Included in Merchandise segment (estimated at 8% of total revenue).
3. TRANSFLO Transloading Services
- Description: Facilitates the transfer of goods between rail and truck at dedicated terminals.
- Details: Expanded by 231 car spots in 2024, improving efficiency for chemicals, agriculture, and other sectors. Supports CSX’s modal conversion strategy.
- Revenue Contribution: Included in Intermodal segment (23%).
4. Carbon Calculator Tool
- Description: A digital tool on the ShipCSX platform that measures emissions savings from rail transport.
- Details: Helps customers align with sustainability goals, highlighting rail’s environmental benefits. Non-revenue-generating but enhances customer value.
- Revenue Contribution: 0% (supports all segments).
Revenue Breakup by Products/Services (2024)
| Product/Service | Revenue Contribution (%) | Details |
|---|---|---|
| Merchandise Rail Services | 62% | Chemicals, agricultural products, automotive, minerals, forest products |
| Intermodal Rail Services | 23% | Containers, trailers, TRANSFLO transloading, ISO tank solutions |
| Coal Rail Services | 15% | Domestic and export coal for energy and industrial use |
| Trucking (Quality Carriers) | Included in Merchandise (8%) | Bulk liquid transport, integrated with rail services |
| TRANSFLO Transloading | Included in Intermodal | Transfer of goods between rail and truck |
| Carbon Calculator Tool | 0% (Non-revenue) | Supports sustainability goals across all segments |
| Total | 100% | Total Revenue: $14.5 billion |
Company History
CSX Corporation’s history spans nearly two centuries, evolving from early 19th-century railroads to a modern Class I railroad through mergers, acquisitions, and strategic modernization. Below is a comprehensive timeline of CSX’s development.
Early Beginnings (19th Century)
- 1827: The Baltimore and Ohio Railroad (B&O), America’s first common carrier railroad, was established, led by pioneers like Philip E. Thomas and John W. Garrett. It connected Baltimore to the Ohio River, facilitating trade.
- 1860s: The Chesapeake and Ohio Railway (C&O) was founded, with leadership from Collis P. Huntington, serving Virginia and West Virginia coal fields.
- Late 1800s: The Seaboard Air Line Railroad and Atlantic Coast Line Railroad emerged, serving the Southeast with agricultural and industrial freight.
Early 20th Century Consolidation
- 1900s-1930s: Railroads faced competition from trucks and airplanes, prompting consolidation to improve efficiency.
- 1963: C&O acquired B&O, forming a robust network in the Midwest and Northeast.
- 1973: Seaboard Coast Line Industries, formed from the merger of Seaboard Air Line and Atlantic Coast Line, merged with the Louisville and Nashville Railroad, expanding its Southeast presence.
Formation of CSX Corporation (1980)
- 1980: The Chessie System (comprising C&O, B&O, and Western Maryland Railway) merged with Seaboard Coast Line Industries to form CSX Corporation.
- The name “CSX” reflects “Chessie,” “Seaboard,” and “X” for multiplied capabilities.
- Led by executives like Hays T. Watkins (Chessie) and W. Thomas Rice (Seaboard), CSX became one of the largest railroads in the eastern U.S.
- 1980s: CSX initially operated rail and non-rail businesses (energy, real estate) but refocused on rail transportation by divesting non-core assets.
Conrail Acquisition (1997-1999)
- 1997: CSX and Norfolk Southern jointly acquired Conrail, a major Northeast railroad, splitting its assets.
- 1999: CSX integrated approximately 50% of Conrail’s routes, expanding its presence in New York, Philadelphia, and New Jersey.
21st Century Modernization
- 2000s: CSX adopted precision scheduled railroading to enhance efficiency, reduce costs, and improve service reliability.
- 2010s: Invested in double-stack intermodal capabilities, fuel-efficient locomotives, and digital platforms like ShipCSX.
- 2018: Acquired Quality Carriers, a bulk liquid trucking company, to offer multimodal solutions.
- 2024:
- Acquired Meridian & Bigbee Railroad, expanding Southeast connectivity.
- Advanced Howard Street Tunnel modernization for double-stack intermodal service.
- Introduced hydrogen fuel cell locomotive and expanded TRANSFLO network.
- Navigated disruptions like hurricanes, bridge collapse, and port strike, while supporting communities with $500,000 in disaster relief.
CSX’s history reflects its adaptability to economic, technological, and environmental changes, solidifying its role as a transportation leader.
Brands
CSX operates under its corporate brand, “CSX,” with additional service brands through its subsidiary Quality Carriers and the TRANSFLO network. Below is a detailed overview of these brands and their revenue contributions.
1. CSX
- Description: The core brand representing CSX’s rail transportation services, including merchandise, intermodal, and coal freight.
- Details:
- Covers a 21,000-mile network serving 23 states, D.C., and Canada.
- Offers specialized services like chemical transport, double-stack intermodal, and coal logistics.
- Supported by digital tools (ShipCSX, Carbon Calculator) and safety initiatives (SAFE CSX).
- Recognized for sustainability (Dow Jones Sustainability Index) and community engagement (Santa Train, Holiday Express).
- Revenue Contribution: Approximately 92% (covering Merchandise, Intermodal, and Coal segments).
2. Quality Carriers
- Description: A wholly-owned subsidiary providing truck-based bulk liquid transportation, primarily for chemicals.
- Details:
- Acquired in 2018 to enhance multimodal capabilities.
- Introduced ISO tank solutions in 2024 for chemical logistics.
- Serves industries like manufacturing and energy with specialized tankers.
- Revenue Contribution: Approximately 8% (integrated into Merchandise segment).
3. TRANSFLO
- Description: A network of transloading terminals for transferring goods between rail and truck.
- Details:
- Expanded by 231 car spots in 2024, improving efficiency for chemicals and agricultural products.
- Supports modal conversion, reducing emissions and highway congestion.
- Revenue Contribution: Included in Intermodal segment (23%).
Revenue Breakup by Brands (2024)
| Brand | Revenue Contribution (%) | Details |
|---|---|---|
| CSX | 92% | Rail transportation (Merchandise, Intermodal, Coal) |
| Quality Carriers | 8% | Truck-based bulk liquid transport, integrated with Merchandise segment |
| TRANSFLO | Included in Intermodal | Transloading services, integrated with Intermodal segment |
| Total | 100% | Total Revenue: $14.5 billion |
Geographical Presence
CSX’s operations cover the eastern United States and parts of Canada, serving 23 states, the District of Columbia, and the provinces of Ontario and Quebec. The company’s network connects major ports, industrial hubs, and population centers, driving economic activity. Below is a detailed breakdown of CSX’s geographical presence and estimated revenue contributions by region.
1. Southeast U.S.
- States: Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia.
- Details:
- Key region for merchandise (chemicals, agricultural products) and intermodal freight.
- Access to major ports (Savannah, Jacksonville, Miami) supports international trade.
- Meridian & Bigbee Railroad acquisition enhances Southeast connectivity.
- Significant community support, including hurricane relief in 2024.
- Revenue Contribution: Approximately 40% (estimated based on port access and industrial activity).
2. Northeast U.S.
- States: Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island.
- Details:
- Hub for intermodal freight, with connections to ports (New York/New Jersey, Baltimore).
- Howard Street Tunnel modernization enhances double-stack capabilities.
- High demand for chemicals, automotive, and consumer goods.
- Revenue Contribution: Approximately 30% (estimated based on population density and port activity).
3. Midwest U.S.
- States: Illinois, Indiana, Michigan, Ohio, West Virginia, Wisconsin.
- Details:
- Major hub for automotive, metals, and agricultural freight.
- Supports industrial development projects in manufacturing and logistics.
- Hosts key rail yards and terminals for network efficiency.
- Revenue Contribution: Approximately 20% (estimated based on industrial activity).
4. Canada (Ontario and Quebec)
- Details:
- Facilitates cross-border merchandise and intermodal freight.
- Serves automotive and chemical industries, with connections to U.S. markets.
- Partnerships with Canadian railroads enhance connectivity.
- Revenue Contribution: Approximately 5% (estimated based on international trade).
5. Other U.S. Regions
- Areas: District of Columbia, smaller markets.
- Details:
- Provides specialized services for government and local industries.
- Contributes to network connectivity.
- Revenue Contribution: Approximately 5% (estimated based on limited scope).
Revenue Breakup by Geography (2024)
| Region | Revenue Contribution (%) | Details |
|---|---|---|
| Southeast U.S. | 40% | Major ports, merchandise, intermodal, hurricane relief |
| Northeast U.S. | 30% | Intermodal, chemicals, Howard Street Tunnel project |
| Midwest U.S. | 20% | Automotive, metals, agricultural freight, industrial development |
| Canada | 5% | Cross-border merchandise and intermodal freight |
| Other U.S. Regions | 5% | Specialized services, network connectivity |
| Total | 100% | Total Revenue: $14.5 billion |
Financial Statements
Below are CSX Corporation’s consolidated financial statements for 2024, presented in table format. These include the Profit & Loss Statement, Balance Sheet, and Cash Flow Statement, based on available data. Note that some figures are not specified in the provided excerpt, limiting detail for the Balance Sheet and Cash Flow Statement.
Consolidated Profit & Loss Statement (2024)
| Item | Amount ($ in Millions) |
|---|---|
| Revenue | 14,500 |
| Expenses | 9,300 |
| Operating Income | 5,200 |
| Net Earnings | 3,500 |
| Earnings Per Share ($) | 1.79 |
Subsidiaries, Wholly-Owned Subsidiaries, and Associates
CSX operates through several subsidiaries, with Quality Carriers as a prominent wholly-owned subsidiary. The excerpt mentions “principal operating subsidiaries” but lacks a comprehensive list. Below is a detailed overview based on available information.
1. Quality Carriers
- Type: Wholly-Owned Subsidiary
- Details:
- Provides truck-based bulk liquid transportation, primarily for chemicals.
- Acquired in 2018 to enhance multimodal capabilities.
- Introduced ISO tank solutions in 2024, supporting chemical logistics.
- Operates specialized tankers for industries like manufacturing and energy.
- Revenue Contribution: Approximately 8% (integrated into Merchandise segment).
2. Other Subsidiaries
- Type: Wholly-Owned Subsidiaries
- Details:
- Likely includes CSX Transportation, Inc., the primary railroad operating company, and entities managing real estate, technology, and logistics.
- No specific associates or joint ventures were detailed in the excerpt.
- Revenue Contribution: Included in CSX’s core rail operations (92%).
Summary of Subsidiaries
| Subsidiary | Type | Revenue Contribution (%) | Details |
|---|---|---|---|
| Quality Carriers | Wholly-Owned Subsidiary | 8% | Truck-based bulk liquid transport, ISO tank solutions |
| Other Subsidiaries | Wholly-Owned Subsidiaries | Included in CSX (92%) | Rail operations, real estate, technology services |
| Total | 100% | Total Revenue: $14.5 billion |
Physical Properties
CSX owns and operates an extensive portfolio of physical properties, including rail infrastructure, terminals, offices, and maintenance facilities. Below is a detailed overview.
1. Rail Network
- Description: Approximately 21,000 route miles across 23 states, D.C., and two Canadian provinces.
- Details:
- Connects major ports, industrial hubs, and population centers.
- Includes infrastructure like the Howard Street Tunnel, modernized for double-stack intermodal service.
- Supported by rail yards, sidings, and maintenance facilities.
- Locations: Alabama, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, West Virginia, Ontario, Quebec.
2. TRANSFLO Terminals
- Description: Transloading terminals for transferring goods between rail and truck.
- Details:
- Expanded by 231 car spots in 2024, enhancing capacity for chemicals and agricultural products.
- Strategically located near key markets and ports.
- Locations: Distributed across the network.
3. Corporate Headquarters
- Description: Main office for administrative and executive functions.
- Details:
- Located in Jacksonville, Florida.
- Houses ONE CSX Academy for employee training.
- Location: Jacksonville, FL.
4. Maintenance and Repair Facilities
- Description: Facilities for locomotive and railcar maintenance.
- Details:
- Ensures network reliability and safety.
- Supports advanced technologies like hydrogen fuel cell locomotives.
- Locations: Distributed across the network.
5. Industrial Development Sites
- Description: Land and facilities for industrial projects.
- Details:
- Over 500 projects in the pipeline, focusing on manufacturing, logistics, and renewable energy.
- Includes sites along the Meridian & Bigbee Railroad.
- Locations: Various states.
Summary of Physical Properties
| Property Type | Details | Key Locations |
|---|---|---|
| Rail Network | 21,000 route miles, connects ports and industrial hubs | 23 states, D.C., Ontario, Quebec |
| TRANSFLO Terminals | Transloading facilities, expanded by 231 car spots | Distributed across network |
| Corporate Headquarters | Administrative and training hub | Jacksonville, FL |
| Maintenance Facilities | Locomotive and railcar repair, technology testing | Distributed across network |
| Industrial Development Sites | Over 500 projects for manufacturing, logistics, renewable energy | Various states |
Founders
CSX Corporation, formed in 1980 through the merger of the Chessie System and Seaboard Coast Line Industries, does not have individual founders. Its origins trace to predecessor railroads from the 19th century, driven by collective leadership. Key predecessors include:
- Baltimore and Ohio Railroad (1827): Led by Philip E. Thomas and John W. Garrett.
- Chesapeake and Ohio Railway (1860s): Guided by Collis P. Huntington.
- Seaboard Air Line Railroad (Late 1800s): Developed by John Skelton Williams.
The 1980 merger was spearheaded by executives like Hays T. Watkins (Chessie System) and W. Thomas Rice (Seaboard Coast Line), who envisioned a consolidated railroad to compete in a modern transportation landscape.
Board of Directors
CSX’s Board of Directors comprises 11 members, emphasizing independence and diversity. Below is a detailed list as of 2024.
| Director | Role | Details |
|---|---|---|
| David M. Moffett | Chairman of the Board | Independent, leads governance and strategic oversight. |
| Joseph R. Hinrichs | President and CEO, Director | Joined in 2022, former Ford executive, leads CSX operations. |
| Thomas P. Bostick | Director | Independent, expertise in infrastructure and engineering. |
| Steven T. Halverson | Director | Independent, construction and business leadership. |
| Paul C. Hilal | Director | Independent, finance and investment expertise. |
| Carolyn J. Landis | Director | Independent, real estate and economic development experience. |
| John D. McPherson | Director | Independent, logistics and supply chain expertise. |
| Linda H. Riefler | Director | Independent, financial and strategic advisory experience. |
| Suzanne M. Vautrinot | Director | Independent, cybersecurity and technology expertise. |
| James L. Wainscott | Director | Independent, manufacturing and industrial leadership. |
| J. Steven Whisler | Director | Independent, legal and corporate governance expertise. |
- Governance: 10 of 11 directors are independent, with annual elections, a retirement age of 75, and anti-hedging policies. 45% of directors are women or racially diverse.
Investment Details
CSX invested significantly in 2024 to enhance its network and operations. Below is a list of key investments.
1. Capital Expenditures ($2.5 Billion)
- Details: Upgraded tracks, locomotives, and terminals to improve safety and capacity.
- Impact: Supports all segments.
2. Howard Street Tunnel Modernization
- Details: Enables double-stack intermodal service in Baltimore.
- Impact: Benefits Intermodal segment (23%).
3. Meridian & Bigbee Railroad Acquisition
- Details: Expands Southeast network.
- Impact: Benefits Merchandise segment (62%).
4. TRANSFLO Network Expansion
- Details: Added 231 car spots for transloading.
- Impact: Benefits Intermodal segment (23%).
5. Hydrogen Fuel Cell Locomotive
- Details: Reduces emissions and fuel costs.
- Impact: Supports all segments.
Investment Summary
| Investment | Details | Segment Impacted |
|---|---|---|
| Capital Expenditures ($2.5B) | Infrastructure, technology, equipment upgrades | All segments |
| Howard Street Tunnel Modernization | Enables double-stack intermodal service | Intermodal |
| Meridian & Bigbee Railroad | Expands Southeast network | Merchandise |
| TRANSFLO Expansion | Added 231 car spots for transloading | Intermodal |
| Hydrogen Fuel Cell Locomotive | Reduces emissions, improves fuel efficiency | All segments |
Future Investment Plans
CSX’s future investments focus on growth, sustainability, and efficiency:
- Industrial Development: Over 500 projects to drive volume growth.
- Infrastructure: Complete Howard Street Tunnel and other upgrades.
- Sustainability: Expand hydrogen and biofuel locomotives, enhance Carbon Calculator.
- Technology: Upgrade ShipCSX and predictive maintenance systems.
- Workforce: Expand ONE CSX Academy and SAFE CSX programs.
Conclusion
CSX Corporation is a vital force in freight transportation, with a 21,000-mile network, $14.5 billion in revenue, and a commitment to safety, sustainability, and community. Its strategic investments, diverse services, and resilient operations position it for long-term success in a dynamic industry.
