CSX CEO Joe Hinrichs stated on September 16, 2025, that the rail industry's intense focus on profit margins has led to stagnant traffic levels. Hinrichs argued that an "obsession with profit margins" has hindered the overall growth of railroads.
He advocated for a shift in industry priorities, emphasizing the importance of cooperation over mergers to effectively transfer freight from highways to rail. Hinrichs highlighted that seamless service and efficiency are key drivers for this modal shift.
This perspective from CSX's top executive suggests a strategic direction focused on expanding market share and volume through improved service and collaborative efforts, rather than solely through cost-cutting measures or large-scale consolidation.
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