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The Slow Growth of CSX’s Rail Traffic in Week 19

The Slow Growth of CSX’s Rail Traffic in Week 19

In Week 19, Eastern US major railroad CSX (CSX) rose 1.9% YoY (year-over-year) in carload traffic. It hauled ~72,700 carloads compared to ~71,300 in Week 19 of 2017. Throughout much of 2018, this Florida-based rail giant has reported a YoY decline in railcar traffic. However, in the last few weeks, its carload volumes have shown an upward trend YoY. CSX’s carload volume growth was also much lower than US railroads’ 5.3% gain in that category.