How CSX’s Rail Traffic Trended in Week 20

In Week 20 (ended May 19), Jacksonville-headquartered eastern US rail giant CSX (CSX) reported a slight 0.80% YoY (year-over-year) rise in its carload traffic, getting back on track after weakness over the last year. In Week 20, CSX’s carload volumes rose YoY to ~69,400 units from ~68,800. CSX’s carload volume growth was substantially lower than competitor Norfolk Southern’s (NSC) 3.2% gain in the same category, and lower than the 1.2% rise reported by US railroads (XTN).