Q4 one to forget for US rail operator CSX, but Canada’s CPR breaks records

The closing quarter of 2017 will be one to forget for US rail operator CSX: the untimely death of chief executive Hunter Harrison coinciding with declining intermodal volumes.
Volumes for the three months to December dropped by some 5% to 719,000 tonnes, with intermodal revenue falling 1% to $471m.
However, despite this, quarterly revenue per unit climbed 4% to $655, and the dent failed to offset full-year figures, indicating that Mr Harrison’s move …

The post Q4 one to forget for US rail operator CSX, but Canada’s CPR breaks records appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "Q4 one to forget for US rail operator CSX, but Canada’s CPR breaks records"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*