Investment Thesis
CSX operates a leading East Coast railroad with strong intermodal, coal, and merchandise franchises. Precision scheduled railroading, infrastructure investments, and port growth underpin improving service and margins.
- Port Connectivity: Access to Atlantic and Gulf ports captures import/export volumes.
- Service Reliability: Operating metrics and customer satisfaction improve under PSR.
- Diversified Freight: Coal, chemicals, agricultural, and automotive mix reduces volatility.