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CXR

27.20500 EUR
0.065
0.24%
Last update May 14, 8:00 AM CEST
Market closed
Day range
27.20500
27.20500
Previous close
27.14000
Open
27.20500
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CSX Corp
27.21
0.06
0.24%

Overview

Description

CSX Corp is a leading transportation company in the United States that primarily operates in the rail sector. Its core function is to provide rail transportation services, which are crucial for the efficient movement of goods across the eastern half of the country. CSX Corp's network includes about 20,000 miles of track, intermodal terminals, and various related facilities, facilitating the transport of diverse commodities such as coal, chemicals, automobiles, and agricultural products. With its strategic positioning, CSX plays a pivotal role in supply chain logistics, impacting sectors ranging from manufacturing to agriculture. The company's services not only enhance connectivity between major ports and marketplaces but also support the broader economic infrastructure by enabling efficient cargo transfers. As rail freight remains a cost-effective and energy-efficient transportation mode, CSX's operations are vital for reducing transportation costs and emissions in comparison to road transport. Additionally, CSX Corp contributes significantly to economic development by improving the reach and scale of goods distribution, thus supporting infrastructure growth within the regions it serves.

About

CEO
Mr. Joseph R. Hinrichs
Employees
23400
Address
500 Water Street
15th Floor
Jacksonville, 32202, FL
United States
Phone
904 359 3200
Website
Instrument type
Common stock
Sector
Industrials
Industry
Railroads
Country
Germany
MIC code
XMUN
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