CSX Company Review & Valuation
About CSX Corporation
CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada.
The company offers rail services, as well as transports intermodal containers and trailers.
It transports agricultural and food products, fertilizers, chemicals, automotive, metals and equipment, minerals, and forest products; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants.
The company also exports coal to deep-water port facilities.
In addition, it offers intermodal transportation services through a network of approximately 40 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services.
Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol.
Additionally, it acquires, develops, sells, leases, and manages real estate properties.
The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,000 locomotives.
It also serves production and distribution facilities through track connections.
CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.