Western Railroad Discussion > CSX KCS CN NS First Quarter Earnings

CSX

Hunter Garrison from Canadian Pacific has taken over as President of CSX railroad calling it the Precision Scheduled Railroad

Revenue $2,869 million 2017 $2,818 million 2016
Income 362 358

Merchandise Division Revenue up 6%
Coal up 31% export coalwas up domestic coal was flat
Intermodal up 7%

Average Train Length 6694 feet
Terminal dwell time 26 days
Train Velocity 20 miles per hour

Reducing 12 hump yards to 4 flat yard switching

Unit trains will be folded into merchandise trains for scheduling

Nine divisions down to two divisions

Reduce nine dispatch offices

1000 managers laid off since 2016

550 locomotives stored with 25,000 cars

KANSAS CITY SOUTHERN

Revenue $ 609.5 2017 582.7 2016 (Millions)
Income 146.9 108.1

OPERATING Ratio 65.4 2017

Revenue gains in energy,automotive (imports from Mexico), chemical and petroleum

Intermodal was down 1% with 224,000 loads for $83.5 million

New intermodal cross border service with BNSF which will connect to West Coast, PNW, Chicago


CANADIAN NATIONAL

Revenue $3206 million 2017 2964 million 201

Net Income $884 million 2017 589 million 2016

Operating ratio 59.4 2017 58.9 2016

Total Carloads 1,368,000

Employees 22396 2017 22694 2016

Average revenue per carload $2248

Dwell Time 15.6 hrs

Train Velocity 25.7 mph

NORFOLK SOUTHERN

Revenue $2575 millions 2017 2420 millions 2016

Merchandise $1584 million 2017 1549 million 2016
Intermodal 571 million 522 million
Coal 420 million 349 million

Net Income $773 million 2017 $723 million 2016

Operating Ratio 70.0 2017 70.1 2016

Revenue Per Carload
Chemicals $ 3,599
Agriculture 2,569
Metals 2,020
Automotive 2,221
Paper 2,251
Coal 1,677
Intermodal 589

Intermodal Units by Market

Domestic 600,000
International 368,000

All above from various sources

Dale Smith

Thanks, Dale. Would have liked to have seen CSX's operating ratio. And nine
divisions to two? Not sure how he did that.

Nick Tharalson,
Marion, IA

.



Edited 1 time(s). Last edit at 05/03/17 11:07 by darkcloud.

OR 69.2

Dale Smith

Comparing CSX and NS top line and net numbers tells a lot about why EHH was brought in, and even needed. Net is pitiful compared to the NS performance.