Csx Corporation · NASDAQ:CSX
Csx — 2024 JP Morgan Industrials Conference
7 slides from Csx's conference presentation, Mar 13, 2024
Slide 1: 2024 JP Morgan Industrials Conference
2024 JP MORGAN INDUSTRIALS CONFERENCE Joe Hinrichs President & Chief Executive Officer 3.13.2024
Slide 2: Forward Looking Disclosure
Forward Looking Disclosure This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, cost
Slide 3: Broad volume momentum continues to build
Broad volume momentum continues to build 2024 vs. 2023 Volume Change 2023-2024 Volume Change by Week (Through Week 10 year-to-date reported carloads) AAR Reported Carloads Weeks 1-4 (per AAR) Weeks 5-10 Merchandise Coal Intermodal Total Vol 15,000 9.3% CSX Total 10,000 11.1% YTD +1.5% 6.6% 5.3% 5,00
Slide 4: Positive Year-over-Year Comparisons Across Multiple Markets
Positive Year-over-Year Comparisons Across Multiple Markets Automotive Chemicals GROWING Export Coal International Intermodal Domestic Intermodal Forest Products NEUTRAL Metals & Equipment Ag & Food Domestic Coal SOFTER Fertilizers Minerals Note: Comparisons based on 2024 YTD (Week 10) volume perfor
Slide 5: Operational Efficiency Trending Favorably
Operational Efficiency Trending Favorably 2023-2024 Average Train Tonnage 3-month moving average 8,500 8,400 8,300 8,200 8,100 8,000 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Note: March 2024 tonnage calculated as a 12-week historical average from wee
Slide 6: 2024 Guidance Remains Unchanged
2024 Guidance Remains Unchanged Low to mid-single digit total volume and revenue growth – Solid momentum across Merchandise, Intermodal, and Export Coal Profitability supported by solid pricing, improving efficiency, and lower cost inflation Capex of approximately $2.5 billion – Safety investm
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