North American rail freight operators stay on track for a bumper year

Strong headwinds failed to knock North American rail freight off its first-quarter rhythm, with both US and Canadian operators reporting healthy first-half results.
CSX, which ended last year on a bitter note with the loss of rail turnaround king Hunter Harrison, continued its good start to the year by smashing company performance records.
Its intermodal division’s results were less ground-breaking but strong, nonetheless, with revenue up 6% (at $939m) on the back of a …

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Source: The Loadstar

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