Intermodal growth raises spectre of congestion at rail ramps
Escalating trucking charges and tender rejection rates are boosting intermodal traffic in the US – ...
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US railroad CSX released its quarterly numbers after the US market close yesterday, 16 October and what, curiously, made the headlines was a Q3 24 performance that fell short of “earnings expectations amid soft trucking environment“.
That factor was also mentioned by $69bn-market-cap CSX in its investor pack, where the firm noted that a weak trucking market is set to remain a near-term challenge.
In one investor forum on Seeking Alpha, that topic drove a couple of comments worth flagging, starting with: ...
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