CSX Corp at Deutsche Bank Transportation Conference Summary - Thomson StreetEvents

CSX Corp at Deutsche Bank Transportation Conference Summary

CSX Corp at Deutsche Bank Transportation Conference Summary - Thomson StreetEvents
CSX Corp at Deutsche Bank Transportation Conference Summary
Published Aug 15, 2023
14 pages (8164 words) — Published Aug 15, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of CSX.OQ presentation 15-Aug-23 1:00pm GMT

  
Brief Excerpt:

...A. CSX, obviously, 1 of the few Class I rails, $61 billion, $62 billion of equity market value. B. Just at a high level in terms of what we're seeing in the markets right now, our service product is extraordinarily strong, and we're meeting significantly more of the customer orders this time this year than we were last year. C. We've had some competitive wins in the auto space, albeit a little bit lower RPU than average within auto with some shorter haul business and mix impacts there. D. A lot of that freight that's been coming on in the last quarter, 1.5 quarters has been short haul, lower RPU freight, but still positive in terms of overall bottom line impact. E. Obviously, we talked about some of the rate headwinds on the quarter call, and that's, in large part, what drove our guidance around mid-teen declines in overall coal RPU from the second quarter to the third quarter, and that still appears to be the case. F. We were up mid-single digits in domestic intermodal last week, and that...

  
Report Type:

Brief

Source:
Company:
CSX Corp
Ticker
CSX.OQ
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "CSX Corp at Deutsche Bank Transportation Conference Summary" Aug 15, 2023. Alacra Store. May 12, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/CSX-Corp-at-Deutsche-Bank-Transportation-Conference-B15691075>
  
APA:
Thomson StreetEvents. (2023). CSX Corp at Deutsche Bank Transportation Conference Summary Aug 15, 2023. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/CSX-Corp-at-Deutsche-Bank-Transportation-Conference-B15691075>
  
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