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Eastern Railroad Discussion > CSX / NS Car Loading 2018 Vs 2019


Date: 07/18/19 15:00
CSX / NS Car Loading 2018 Vs 2019
Author: NSSpike

In lite of two previous posts:
CSX earnings released on Tuesday PM (updated) https://www.trainorders.com/discussion/read.php?2,4829720,page=1
Foote is Baffled by the Economy https://www.trainorders.com/discussion/read.php?2,4830800

I thought I'd do some comparing of both Class 1's car loading numbers as reported to the STB for week #28 2018 Vs 2019.
The surprise for me was the coal commodity category for week #28 2019.
CSX Total Originated & Received 13,699
NS Total Originated & Received 15,530
And although coal is down overall I would have thought CSX would have led in that category.
Shows you what I know!!

The chart below shows some interesting numbers as it relates to the metric of Car Loadings as reported by both Class 1's. 

NOTE: Lets all keep our replies civil on this please.
Thanks in advance!!! 

Phil Maton
Villa Rica, GA




Date: 07/18/19 16:15
Re: CSX / NS Car Loading 2018 Vs 2019
Author: Tominde

A good little snapshot.  I'm sure all kinds of armchair economist have their explanations.  Meanwhile the stock ,arket continues to climb.



Date: 07/19/19 03:08
Re: CSX / NS Car Loading 2018 Vs 2019
Author: Retired_Chief

A quasi-wise man always told me that rail traffic was a leading (rather than lagging)
indicator of economic health. In other words, the 20 or so consecutive weeks of
traffic declines 'MAY' forshadow an economic downturn.

FWIW. I am not a financial advisor. Do your own due diligence.



Date: 07/19/19 04:43
Re: CSX / NS Car Loading 2018 Vs 2019
Author: CSX602

CSX coal loadings 2019 year to date: 436,131 (up 1.9% from 428,204 same period 2018)
NS coal loadings 2019 year to date: 482,342 (down 4.3% from 503,944 same period 2018)

Overall those weekly reports fluctuate a lot so you have to either look at year to date numbers or at least a few weeks...   
One example is that the last reporting week grain shipments were way up, and this week are down.

Also, CSX coal loadings do not include those of the A&O lines that used to be CSX.



Edited 1 time(s). Last edit at 07/19/19 05:15 by CSX602.



Date: 07/19/19 05:49
Re: CSX / NS Car Loading 2018 Vs 2019
Author: rhotond

After the Conrail split and for several years, CSX had a 10 to 20% lead over NS in most categories primarily due to the higher mileage of their system.  Note that NOW NS has a 10 to 20% lead over CSX due to inept management and Greed of CSX. 

r
 



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