Csx Corporation · NASDAQ:CSX
Csx — Citi 2017 Industrials Conference
12 slides from Csx's conference presentation, Jun 14, 2017
Slide 1: CSX Corporation 2017 Citi Industrials Conference: Progressing Forward
CSX CORPORATION 2017 CITI INDUSTRIALS CONFERENCE Progressing Forward
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: Non-GAAP Disclosure
Non-GAAP Disclosure CSX reports its financial results in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). CSX also uses certain non-GAAP measures that fall within the meaning of Securities and Exchange Commission Regulation G and Regulation S-K It
Slide 4: Presentation overview
Presentation overview . . . Second quarter volume reflects modest growth ― Expecting record productivity results and solid top line gains to continue Customers adjusting well to operational changes ― High touch approach ensures ongoing positive relationships Service measures nearing record hig
Slide 5: Expect second quarter volume to increase modestly
Expect second quarter volume to increase modestly Year-Over-Year Volume Growth First Quarter Second Quarter to Date 9% 6% 5% 4% 3% 3% 2% 2% 1% 1% 1% (1%) (2%) (3%) Domestic International Industrial Construction Agricultural Coal Total Intermodal Intermodal Sector Sector Sector Note: Second quarter t
Slide 6: Precision Scheduled Railroading drives benefits
Precision Scheduled Railroading drives benefits Improve Operate Control Drive Asset Develop Service Safely Costs Utilization People Operational Focus Service Improvements & Productivity Improvements Balanced Improved Better Rolling Stock People Train Plan Frequency Reliability Utilization Efficiency
Slide 7: Precision Railroading reinforces Service Excellence
Precision Railroading reinforces Service Excellence Consistent and positive Precision Railroading drives customer outreach sustainable customer benefits Committed to proactive customer Scheduled service drives interactions during transition predictability for customers Striving to address chan
Slide 8: Service and efficiency improvements already evident
Service and efficiency improvements already evident Train Velocity Terminal Dwell % On-time % On-time (mph) (hours) Originations Arrivals 21.6 26.2 88.6 78.5 24.4 79.1 19.6 57.8 10% Improvement 7% Improvement 12% Improvement 36% Improvement WK 9 WK 23 WK 9 WK 23 WK 9 WK 23 WK 9 WK 23 Train Count Dow
Slide 9: Customer transit times already improving materially
Customer transit times already improving materially Coal Unit Train Scheduled Merchandise Loaded Transit Time (Days) Loaded Transit Time (Days) 5.9 3.0 5.5 2.5 5.0 2.3 23% Improvement 15% Improvement Mar Apr May* Mar Apr May* Transit time variability has also been significantly reduced since March *
Slide 10: Superior intermodal service drives H2R conversion
Superior intermodal service drives H2R conversion CSX Intermodal Network Providing truck-like service in core Montreal intermodal lanes ― Premium and core availability above 2 Northwest Ohio 97% and 90%, respectively QTD* 3 3 Chicago 2 Philadelphia Balancing network by adding days St. Louis 3 Po
Slide 11: Operating changes help drive financial targets
Operating changes help drive financial targets 2017 full-year adjusted expectations (excludes impact of 2017 restructuring charges) ― Operating ratio to be in the mid-60s, supported by record efficiency gains ― Earnings per share growth to be around 25% off 2016 reported base of $1.81 ― Free Cash
Slide 12: CSX Corporation 2017 Citi Industrials Conference: Progressing Forward
CSX CORPORATION 2017 CITI INDUSTRIALS CONFERENCE Progressing Forward