CSX's Margins Back on Track for Solid Progress This Year
Railroad turnaround legend Hunter Harrison led Eastern Class I railroad CSX from early 2017 until his death in December that same year. Successor James Foote continued to implement Harrison's precision-scheduled railroading model until his retirement in late 2022. At its core, PSR focuses on rightsizing assets, including sorting yards, motive power, and rolling stock. Fewer assets and longer trains enhance network fluidity, driving labor productivity gains, better service levels, and higher potential incremental operating margins. Better service also creates greater opportunities for intermodal, which is highly truck-competitive.