Csx Corporation · NASDAQ:CSX

Csx — Stifel Nicolaus Transportation & Logistics Conference 2011

10 slides from Csx's conference presentation, Feb 15, 2011

  1. Slide 1: Forward-Looking Statements

    11 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, volumes, rates, cost-savin

  2. Slide 2: CSX delivers record 2010 results for shareholders

    CSX delivers record 2010 results for shareholders Operating Income Continuing Operating Margin Dollars in Billions Earnings Per Share Operating Income Volume (MM) Continuing EPS Volume (MM) Operating Margin Volume (MM) $4.06 29% $3.1 $3.64 $2.8 24% 25% $2.3 $2.75 $2.85 22% $2.2 $2.0 $2.22 21% 7.4 7.

  3. Slide 3: More upside exists for 2011 and beyond

    More upside exists for 2011 and beyond Full-year Full-year Rail Renaissance Drivers Volume (000) Op. Inc. (MM) „ Core pricing to remain above inflation long-term $3,071 7,358 $2,751 974 $801 „ Productivity continues making 591 CSX a stronger company 5,793 $2,270 „ Near-term volume growth is through

  4. Slide 4: Positioned for export growth in 2011 and beyond

    Positioned for export growth in 2011 and beyond „ Demand for export coal from the U.S is growing „ CSX expects to ship 35 – 40 million tons during 2011 Baltimore — Shipped 30 million tons in 2010 Newport News „ Long-term global demand for coal expected to remain strong — Demand is also broad-based M

  5. Slide 5: CSX targeting high-60's operating ratio in 2011

    CSX targeting high-60’s operating ratio in 2011 Operating Ratio 87.8% Maintains Maintains strong strong momentum momentum towards towards achieving achieving 65%65% O.R. O.R. 77.7% target target no no later later than than 2015 2015 75.6% 71.1% High-60’s 65.0% 2004 2006 2008 2010 2011 No later than

  6. Slide 6: Capital investment for 2011 increases to $2 billion

    Capital investment for 2011 increases to $2 billion 2011 Capital Investment „ Infrastructure and rolling $2.0 Billion stock investments continue 13% 56% „ Strategic investments support CSX’s “Grow to 65” initiative „ Regulatory capital spending 16% driven by PTC investment 15% Infrastructure Rolling

  7. Slide 7: . . . and preparing network for growth beyond

    . . . and preparing network for growth beyond „ Network capacity — Southeastern Corridor expansion — I-90 Corridor expansion Chicago — Chicago CREATE project New York „ Intermodal terminals — New terminals in key markets — Expansions support further growth „ Strategic investments — National Gateway

  8. Slide 8: Appendix

    2011 STIFEL NICOLAUS TRANSPORTATION & LOGISTICS CONFERENCE Appendix tert [ CSE]

  9. Slide 9: GAAP Reconciliation Disclosure

    GAAP Reconciliation Disclosure CSX reports its financial results in accordance with generally accepted accounting principles (“GAAP”). However, management believes that certain non-GAAP financial measures used to manage the company’s business that fall within the meaning of Regulation G (Disclosure

  10. Slide 10: 2011 Stifel Nicolaus Transportation & Logistics Conference

    2011 STIFEL NICOLAUS TRANSPORTATION & LOGISTICS CONFERENCE

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