CSX Corp
CSX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $96.00 | Vkfcp | Rsjcbssnd |
CSX's Intermodal Volume Under Pressure, but Velocity Gains Support Margins
/s3.amazonaws.com/arc-authors/morningstar/064f053d-8b4f-43d1-9844-86633e1e6749.jpg)
Business Strategy and Outlook
Railroad turnaround legend Hunter Harrison led Eastern Class I railroad CSX from early 2017 until his death in December that same year. Before joining CSX, he turned around three railroads. Most impressively, his leadership improved Canadian Pacific's reported operating ratio from 81.3% in 2011 to 58.6% in 2016. While his time was cut short at CSX, Harrison laid the foundation for rapid improvement.