Rail, Trade, and Trucking's Future | FreightWaves Editorial
CSX CEO Joe Hinrichs challenges the long-standing obsession with operating ratios and pushes for volume growth, especially in high-potential areas like intermodal. He believes railroads can achieve both high profit margins and volume growth, emphasizing interline partnerships as a critical strategy to access new markets and improve service. Global trade winds are literally shifting freight patterns, with China drastically reducing its U.S. soybean imports due to trade tensions and retaliatory tariffs. This significant decrease in exports is creating a substantial drop in freight demand…
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