Csx Corporation · NASDAQ:CSX
Csx — Corporate Update (August 2014)
8 slides from Csx's corporate update, Aug 29, 2014
Slide 1: Investing for Service and Growth
Investing for Service and Growth Continuing Our Commitment: On the Road to Recovery
Slide 2: CSX striving to address all key service drivers
CSX striving to address all key service drivers Service levels have stabilized Resource – Service Framework — Seeing improvements in key markets and key locations Crews Improvements expected to continue into 2015 Process Infrastructure CSX is taking significant action to address each key servi
Slide 3: Adding resources to promote service recovery in the face of step-function increase in demand
Adding resources to promote service recovery in the face of step-function increase in demand Locomotives CSX has already increased its active locomotive count by over 375 units Completed or 10% versus 2013 Additional locomotives will Added 35 net new locomotive shop personnel to accelerate outpu
Slide 4: Accelerating infrastructure projects and adapting processes to provide fluidity and capacity
Accelerating infrastructure projects and adapting processes to provide fluidity and capacity Infrastructure River Line, Trenton, New Rock projects support service and growth Completed Elsdon Sub acquisition and Thornton Junction CREATE project cutover Increased terminal and add capacity and flex
Slide 5: Demand remains strong; may lengthen recovery cycle
Demand remains strong; may lengthen recovery cycle Robust volume growth experienced CSX 2014 Year-Over-Year in Q2 has continued into Q3 without Weekly Volume Growth the normal summer slowdown 25% Q1 Q2 Q3 — Since week 12, CSX delivering 9% more 20% volume in 2014 versus 2013, albeit at lower than
Slide 6: Local service performance remains strong even with increased traffic
Local service performance remains strong even with increased traffic Local Originations (%) CSX committed to strong “First 2013 vs. 2014 85 83 Mile, Last Mile” performance 83 83 83 80 81 82 82 79 78 67 62 67 Local serving yards remain fluid even with volume growth in 2014 Jan Feb Mar Apr May Jun
Slide 7: Customers can help by sharing anticipated demand
Customers can help by sharing anticipated demand Help us to improve overall planning and asset availability — Turn assets at origin and destination to help improve equipment velocity — Do not over-order when order fill rates are below expectation Please, always communicate service issues through
Slide 8: Forward-Looking Statements
Forward-Looking Statements 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