News / CSX chief Harrison says railroad now on the right track after strong Q3

© Wangkun Jia

CSX and Canadian Pacific are the first North American rail operators to release third-quarter results, and it seems one – intermodally at least – has more to cheer about.

CSX reported a strong three months, with total volumes up 5% to 718,000 carloads and revenue increasing some 5% to $446m, although revenue per unit saw a marginal dip.

The carrier’s international Q3 volumes were up 11%, “driven by new customers and strong performance with existing customers as eastern port volumes increased”.

The strong numbers for CSX are positive news for the US ...