Is CSX Poised For The Last Railroad Consolidation? (Earnings Review)
Summary
Railroad M&A speculation is heating up, with potential coast-to-coast mergers likely to reshape the industry and create ...
Railroad M&A speculation is heating up, with potential coast-to-coast mergers likely to reshape the industry and create significant strategic value. CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes in key segments like chemicals and forest products. CSX is funding shareholder returns partly with new debt, raising concerns about sustainability given its modest growth prospects and demanding valuation.