CSX executives outline vision through 2020 CSX Corp. executives at the railroad's Investor Day outlined their vision through 2020, a vision that includes further staff reductions, roughly $800 million in asset sales and a continued focus on improving the company's operating ratio, a measure of efficiency. "We are going to transform CSX from a company that has been maligned, sometimes humiliated and often undervalued into the best-run railroad in North America," CEO Jim Foote told the gathering in New York.(Business Journals)
CSX hit a multi-year high today. $65.90 In light of significantly higher fuel costs and their high exposure to freight crossing our northern border.... its probably a good time to short the rails on strength. Canadian National Railway Company (CNI) too. $83.75