CSX

Commentary

TD Cowen: Still Searching for Positives in Near-Term

At TD Cowen, we are lowering our rail estimates ahead of third-quarter earnings reports to reflect a very challenged environment. Leaders in the rail and logistics market who attended our latest Railroad Happy Hour” called the current outlook “bleak,” with growing uncertainty in 2025.

South Carolina Ports Authority’s rail-served inland ports continue to see strong volumes, serving as key connections between inland markets and the Port of Charleston.(Photo/SCPA/English Purcell)

Intermodal Briefs: SC Ports, IANA

South Carolina Ports Authority’s (SC Ports) rail-served Inland Port Greer handles record cargo in August. Also, the University of North Texas (UNT) notches another win in the Intermodal Association of North America (IANA) case study competition.

Screen Shot Courtesy of CSX

Class I Briefs: CSX, NS, UP

CSX celebrates two years injury-free at its Intermodal Terminal in Tampa, Fla. Also, Norfolk Southern (NS) is recognized for energy efficiency and nature-based initiatives; and Union Pacific (UP) thanks military veterans.

More than 300 people rode Amtrak’s Gulf Coast Inspection Train (pictured) from New Orleans to Jacksonville, Fla., in February 2016, as part of an ongoing effort to restore passenger rail service along the Gulf Coast, which was disrupted by Hurricane Katrina in 2005 and never resumed. (Marc Glucksman, Amtrak)

Transit Briefs: Amtrak, NJ Transit, OC Transpo, TransLink

Amtrak and Southern Rail Commission (SRC) officials share updates on three passenger rail projects spanning Alabama, Louisiana and Mississippi. Also, New Jersey Transit (NJ Transit) continues its school safety education programs; Ottawa’s OC Transpo launches a credit card fare payment system for all buses and O-Train Line 1 stations; and metro Vancouver’s TransLink is conducting a survey to measure regional travel patterns.

  • News

Cory Named CSX EVP and COO

CSX on Sept. 8 named veteran railroad operating executive Mike Cory as Executive Vice President and Chief Operating Officer. Cory replaces Jamie Boychuk, who departed CSX on Aug. 4. Cory, with more

Community Renewal on Sept. 6 dedicated its newest “Friendship House,” thanks to community funding partner CPKC. (Photograph Courtesy of CPKC, via X, formerly known as Twitter)

Class I Briefs: CPKC, CSX

Canadian Pacific Kansas City (CPKC) invests in a new “Friendship House” in Shreveport, La. Also, CSX awards scholarships to 10 children of first responders.

Commentary

TD Cowen: Day 1 Transport Conference Takeaways

We hosted freight industry “fireside chats” and presentations on Day 1 of the TD Cowen 16th Annual Global Transportation Conference, being held Sept. 6-7 in Boston. While we heard that the rail

(CSX Photograph)
  • M/W

Inside the CSX Playbook

RAILWAY AGE, SEPTEMBER 2023 ISSUE: Running a scheduled railroad and safely meeting customer and infrastructure requirements is a “team sport.”

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