CSXT Intermodal

CSX opens Montreal intermodal terminal

CSX has opened its new Valleyfield Intermodal Terminal in Salaberry-de-Valleyfield near Montreal, Quebec, expanding the railroad’s intermodal network capacity and offering Canadian customers domestic and international service that connects with the its 21,000 mile U.S. network.

CSX 2013 Annual Report spotlights continued growth

“A combination of macro forces and strategic investments propelled CSX to strong performance despite the challenging external environment, including the slowly recovering economy and transformation in the energy markets. The company now enjoys the most diverse portfolio in its history, as growth in the merchandise and intermodal businesses help to offset declining coal revenue.”

CSX CFO outlines railroad’s intermodal strategy

CSX Executive Vice President and Chief Financial Officer Fredrik Eliasson, in a presentation at the Baird Industrials Conference in Chicago, said that intermodal, “a key driver of growth,’’ now represents 40% of CSX’s overall volume and is expected to increase further, reflecting “the attractive economic value of converting freight from highway to rail.”