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CSX Corp. Message Board

  • nobleonetoo@att.net nobleonetoo Apr 12, 2013 6:12 PM Flag

    The future plans for CSX. Big things ahead!

    "CSX and Norfolk Southern are about to see a very powerful combination of coal fundamentals bottoming, intermodal growth accelerating at a very nice incremental margin, and the and oil-by-rail trend beginning to take hold materially over the next 18 months," he said.

    He thinks railroads also stand to win over a larger piece of the intermodal shipping containers business. They've raised bridges and other obstacles to allow for double-stacking of those shipping containers, making rail a more cost-effective route for ever shorter runs.

    And if pipelines start being built en masse, that's a nice business for railroads as well.

    "They get to haul all that material and equipment in and out," he said.

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35.47-0.08(-0.23%)May 22 4:00 PMEDT