CSX: Weakness in Intermodal Hurt Its Rail Traffic Growth
CSX’s (CSX) rail traffic volume growth in week 47 was the slowest among Class I railroad companies. The company’s rail traffic grew 0.4% YoY (year-over-year) in week 47. The gain in carloads was mainly offset by weakness in the Intermodal segment. CSX hauled 110,092 railcars in week 47—compared to 109,624 railcars in week 47 of 2017.