Intermodal growth raises spectre of congestion at rail ramps
Escalating trucking charges and tender rejection rates are boosting intermodal traffic in the US – ...
I will make this nice and short for the bears: remember all the nonsense about the massive problems that CSX has been faced with since Q2 numbers were announced? Forget about it.
While certain structural challenges persist – in Q3 merchandise revenue growth was more than offset by coal and intermodal declines – contained in this note are three screengrabs that hopefully are self-explanatory, and point to what shareholders might expect in future.
Notably, its chief operating costs (labour, materials and fuel) ...
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