How CSX’s Freight Volumes Trended in Week 18
In Week 18, major eastern US rail carrier CSX’s (CSX) carload traffic fell marginally YoY (year-over-year), by 0.22% to ~69,400 units from ~69,500. Throughout much of 2018, the Florida-based rail giant has reported YoY railcar traffic decline, though it seems to be getting back on track. In contrast, rival Norfolk Southern’s (NSC) carload traffic grew 10.2% in Week 18, and US railroads’ grew 6.4%.