Csx Corporation · NASDAQ:CSX

Csx — Bank of America – Merrill Lynch Global Transportation Conference 2009

16 slides from Csx's conference presentation, Jun 11, 2009

  1. Slide 1: Bank of America – Merrill Lynch Global Transportation Conference June 2009

    Bank of America – Merrill Lynch Global Transportation Conference June 2009 11

  2. Slide 2: Forward-Looking Disclosure

    Forward-Looking Disclosure This information and other statements by the company 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, cost-savings, expenses, or other

  3. Slide 3: CSX Network is vital to America's economy

    CSX Network is vital to America's economy CSX CSX Network Network „ Strategic rail network east of the Mississippi, serving over two- Boston thirds of the U.S. population Chicago New York „ Network reach to major U.S. core industries and infrastructure St. Louis „ Access to key natural resources Mem

  4. Slide 4: Economy impacting volume levels

    Economy impacting volume levels Year-Over-Year Volume Change First Quarter Second Quarter-to-date % of CSX Commodity Groups CSX Volume (36%) Industrial ƒ Chemicals 11% (31%) Segment ƒ Metals (24%) Housing ƒ Forest Products 11% (23%) Products ƒ Emerging Markets (18%) Consumer ƒ Automotive 35% (20%) P

  5. Slide 5: Focused on service while rightsizing resources

    Focused on service while rightsizing resources Year-over-Year Improvements: First Quarter Second QTD YTD On-Time Originations 4.8% 7.4% 6.1% Service On-Time Arrivals 14.5% 20.3% 17.4% Metrics Velocity 3.8% 8.4% 5.3% Dwell (6.2%) (6.6%) (6.2%) Year-over-Year Reductions: First Quarter Second QTD YTD R

  6. Slide 6: CSX is preparing for changes in the economy

    CSX is preparing for changes in the economy U.S. U.S. Population Population Centers Centers and and the the CSX CSX Network Network „ Operating strategy: ONE Plan Midwest Northeast Boston „ Long-term fundamentals Chicago continue to favor rail: New York — Efficiency of transport — Environmental frie

  7. Slide 7: ONE Plan is CSX’s operational strategy foundation

    ONE Plan is CSX’s operational strategy foundation „ ONE Plan is the platform for a scheduled network „ Focus remains on maximizing service and efficiency „ Advanced technology and simulation tools are applied to Operation Planning Merchandise Traffic Automotive Traffic 77

  8. Slide 8: Yard alignment drives productivity and efficiencies

    Yard alignment drives productivity and efficiencies CSX CSX Yard Yard Network Network „ Yards are the processing centers for railroads „ Locations need to support traffic flows „ Infrastructure is capital intensive „ Adjustments in yard network variabilizes cost structure CSX Yards (13) 88

  9. Slide 9: CSX network structure adjusts to shifts in demand

    CSX network structure adjusts to shifts in demand „ Downgrading Frontier Yard in Buffalo creates operating Buffalo efficiencies for CSX Willard, OH — Reduces operating expenses — Allows for better use of capital „ Positions network for new supply chains and provides capacity for long-term growth Inc

  10. Slide 10: National Gateway enhances market reach

    National Gateway enhances market reach National National Gateway Gateway and „ National Gateway delivers and Northwest Northwest Ohio Ohio competitive market access NW Ohio Chambersburg „ Leverages changes in global Transfer Yard Pittsburgh supply chains — Extends market reach from growing east coas

  11. Slide 11: Rail remains America’s long-term freight solution

    Rail remains America’s long-term freight solution Investment Required „ Infrastructure needs have Through 2035 in Billions gained national attention $5,000 „ 2009 American Recovery and Reinvestment Act provides funding for rail „ Freight rails need to earn adequate returns $148 $198 Freight Rail Pas

  12. Slide 12: Freight rail delivers public benefits

    Freight rail delivers public benefits Rail is one of the safest and most secure modes of surface Safe and Secure transportation One Intermodal train can carry the Efficient load of 280 trucks A locomotive can haul a ton of freight more than 436 miles on one Green gallon of fuel Rail capital investme

  13. Slide 13: Competitive environment favorable

    Competitive environment favorable „ Trucking Industry „ Railroad Industry — Overall capacity is declining — Service quality improving — Regulatory restrictions continue — Supply chains are expanding — Structural changes occurring — Focus on “green” increasing — Highway congestion increasing — Balanc

  14. Slide 14: Pricing remains in early stages of recovery

    Pricing remains in early stages of recovery Inflation-Adjusted Pricing Indexed: 1981 = $100 Pre-deregulation, rail pricing kept pace with inflation During the first 23 years after the passage of the Staggers Act, rail pricing declined by 60% R2 $100 $51 $40 1967 1971 1975 1979 1983 1987 1991 1995 19

  15. Slide 15: In summary . . .

    In summary . . . „ Rightsizing and cost efficiency focus continues „ CSX is vital to America’s economic recovery „ Long term fundamentals remain favorable „ Reshaping Network for short and long-term advantage 15 15

  16. Slide 16: Bank of America – Merrill Lynch Global Transportation Conference June 2009

    Bank of America – Merrill Lynch Global Transportation Conference June 2009 16 16

CSX — Bank of America – Merrill Lynch Global Transportation Conference 2009 on 6ix